Introductory text

FINANCIAL SERVICES

Made 5th February 1991

Coming into force 6th February 1991

Whereas it appears to the Secretary of State that The Securities and Investments Board is able and willing to discharge the functions transferred to it by this Order and that the requirements of Schedule 7 to the Financial Services Act 1986^f1 are met with respect to it, and

Whereas none of the functions transferred by this Order is a function of making rules or regulations, and

Whereas the Secretary of State has required The Securities and Investments Board to furnish him with a copy of any guidance intended to have continuing effect which it proposes to issue in writing or other legible form, and

Whereas The Securities and Investments Board is not proposing to issue, in writing or other legible form, any guidance intended to have continuing effect, and

Whereas a draft of this Order has been approved by each House of Parliament pursuant to section 114(11) of the Financial Services Act 1986:

Now, therefore, the Secretary of State in exercise of the powers conferred on him by section 114 and 118 of that Act and of all other powers enabling him in that behalf hereby makes the following Order:

Annotations

Footnotes

f1: 1986 c. 60.