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Part II CRITERIA RELEVANT TO DEFINITION OF “RELEVANT EEA MARKET”

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

The criteria relevant for the purposes of the definition of “relevant EEA market” in article 2 of this Order are the following—

(a)

the head office of the market must be situated in an EEA State; and

(b)

the market must be subject to requirements in the EEA State in which its head office is situated as to—

(i)

the manner in which it operates;

(ii)

the means by which access may be had to the facilities it provides;

(iii)

the conditions to be satisfied before an investment may be traded or dealt in by means of its facilities; and

(iv)

the reporting and publication of transactions effected by means of its facilities.