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The Financial Services Act 1986 (Schedule 1 (Amendment) and Miscellaneous Exemption) Order 1991

S.I. 1991/1516 · Made 29 June 1991

Original text. legislation.gov.uk does not revise statutory instruments, so later amendments are not shown here. Changes made to it are listed under each provision when known.

FINANCIAL SERVICES

Made 29th June 1991

Laid before Parliament 4th July 1991

Coming into force 1st August 1991

The Secretary of State, in exercise of his powers under sections 2, 46 and 75(9) of the Financial Services Act 1986f1 and of all other powers enabling him in that behalf, hereby makes the following Order:

Annotations to the whole text

Footnotes

f1

1986 c. 60.

Contents

  1. 1Citation and commencement
  2. 2Amendment to Schedule 1 of Financial Services Act 1986
  3. 3Exemption
  4. Signature
  5. Explanatory note

1Citation and commencement

This Order may be cited as the Financial Services Act 1986 (Schedule 1 (Amendment) and Miscellaneous Exemption) Order 1991 and shall come into force on 1st August 1991.

2Amendment to Schedule 1 of Financial Services Act 1986

Paragraph 35(f)(i) of Schedule 1 to the Financial Services Act 1986f1 shall be amended by the substitution of the words “being arrangements which are” for the words “and which is”.

3Exemption

The body known as “Scottish Enterprise” established by the Enterprise and New Towns (Scotland) Act 1990f1 shall be an exempted person.

Signature

John Redwood

Minister of State

Department of Trade and Industry

29th June 1991

Explanatory note

(This note is not part of the Order)

The Order makes a drafting amendment to paragraph 35(f) of Schedule 1 to the Financial Services Act 1986. It also makes Scottish Enterprise an exempted person for the purposes of the Financial Services Act 1986.