{
  "url": "https://openlegislation.uk/financial-services-act-1986-exemption-order-1996/article-1",
  "json_url": "https://openlegislation.uk/financial-services-act-1986-exemption-order-1996/article-1.json",
  "legislation": "uksi/1996/1587",
  "legislation_title": "The Financial Services Act 1986 (Exemption) Order 1996",
  "legislation_url": "https://openlegislation.uk/financial-services-act-1986-exemption-order-1996",
  "path": "article/1",
  "kind": "article",
  "number": "1",
  "heading": "Citation, commencement and interpretation",
  "text": "(1) This Order may be cited as the Financial Services Act 1986 (Exemption) Order 1996.\n(2) Articles 1 and 2 of this Order shall come into force on 10th July 1996 and article 3 shall come into force on 15th July 1996.\n(3) In this Order—\n“Operator” means a person approved as such by the Treasury under the Uncertificated Securities Regulations 1995;\n“dematerialised instruction” has the meaning given in the Uncertificated Securities Regulations 1995; and\nthe expression “properly authenticated”, when used to describe a dematerialised instruction shall be construed in accordance with regulation 3(2)(a) of those Regulations.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "S.I. 1995/3272."
    }
  ],
  "outstanding_effects": [
    {
      "type": "words substituted",
      "affecting": "uksi/2001/3755",
      "affecting_title": "The Uncertificated Securities Regulations 2001"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1996/1587/article/1",
    "retrieved_at": "2026-10-29T12:41:32.235600+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}