# The Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001, Article 151: Choice of investments by trustees of occupational pension scheme under a trust: meaning of “proper advice”

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

For paragraph (a) of Article 36(6) of the Pensions (Northern Ireland) Order 1995 (choice of investments: meaning of “proper advice”) substitute—
“(a) if the giving of the advice constitutes the carrying on, in the United Kingdom, of a regulated activity (within the meaning of the Financial Services and Markets Act 2000), advice given by a person who may give it without contravening the prohibition imposed by section 19 of that Act (prohibition on carrying on regulated activities unless authorised or exempt);”.

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Source: https://www.legislation.gov.uk/uksi/2001/3649/article/151 (the official version)
Page: https://openlegislation.uk/financial-services-and-markets-act-2000-consequential-amendments-and-repeals-order-2001/article-151
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.