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Paragraph 17

United Kingdom

In section 163 of the Companies Act 1985—

(a)

for the words “a recognised stock exchange" in each place where they occur there shall be substituted the words “a recognised investment exchange";

(b)

for the words “that stock exchange” in subsection (1) there shall be substituted the words “that investment exchange";

(c)

in subsection (2) in paragraph (a) for the words “on that stock exchange" there shall be substituted the words “under Part IV of the Financial Services Act 1986" and in paragraph (b) for the words “that stock exchange" in both places where they occur there shall be substituted the words “that investment exchange";

(d)

after subsection (3) of that section there shall be inserted—

“(4)

In this section “recognised investment exchange” means a recognised investment exchange other than an overseas investment exchange within the meaning of the Financial Services Act 1986.”

Notes on the whole Act

Textual amendments

F1

Act repealed (1.12.2001) by The Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001 (S.I. 2001/3649), arts. 1, 3(1)(c) (with savings in art. 292)