# The Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001, Article 141: Restriction on employer-related investments

Extent: E+W+S+N.I.

(1) Section 40 of the Pensions Act 1995 (employer-related investments) is amended as follows.
(2) In subsection (2) the definition of “securities” is repealed.
(3) After that subsection, insert—
“(2A) In subsection (2)(a) “securities” does not include government or other public securities.
(2B) Paragraph (a) of subsection (2) and subsection (2A) must be read with—
(i) section 22 of the Financial Services and Markets Act 2000;
(ii) any relevant order under that section; and
(iii) Schedule 2 to that Act.”.

---
Source: https://www.legislation.gov.uk/uksi/2001/3649/article/141 (the official version)
Page: https://openlegislation.uk/financial-services-and-markets-act-2000-consequential-amendments-and-repeals-order-2001/article-141
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.