Regulation 2

below the definition of “default rules” the following shall be inserted:

• ““ecu” means the unit of account of that name defined in Council Regulation (EEC) No. 3320/94^f2;”

the defintion of “money market contract” shall be replaced by the following—

• ““money market contract” means a contract in relation to which a listed person provides settlement arrangements and which is a contract for the acquisition or disposal either of—

  1. (i)

     currency of the United Kingdom or of any other country or territory; or

  2. (ii)

     rights under a contract the value of which is determined by reference to the value of the ecu;”