Paragraph 4

United Kingdom

(1)

This Part of this Schedule applies to any transaction entered into by the listed institution—

(a)

as principal (or as agent for another listed institution) with an unlisted person (whether acting as principal or agent);

(b)

as agent for an unlisted person with a listed institution F1, the Treasuryor the Bank of England (whether acting as principal or agent); or

(c)

as agent for an unlisted person with another unlisted person (whether acting as principal or agent),

if the transaction falls within paragraph 2 or 3 above and the conditions in paragraph 5 or, as the case may be, paragraph 7 below are satisfied.

(2)

In this Part of this Schedule and in Part III below “unlisted person” means a person who is neither a listed institution F2, the Treasurynor the Bank of England.

Annotations

Textual amendments

F1: Words in Sch. 5 para. 4(1)(b) inserted (1.6.1998) by 1998 c. 11, s. 32(b); S.I. 1998/1120, art. 2
F2: Words in Sch. 5 para. 4(2) inserted (1.6.1998) by 1998 c. 11, s. 32(b); S.I. 1998/1120, art. 2

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F1: Act repealed (1.12.2001) by The Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001 (S.I. 2001/3649), arts. 1, 3(1)(c) (with savings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)

Notes on Schedule 5

Modifications

C1: Sch. 5 amended by S.I. 1990/696, art. 2