Article 472 Meaning of “securities”I1

In clause 9A^f1 of the Schedule to the British Coal Staff Superannuation Scheme (Modification) Regulations 1994, for sub-clause (2)(b) substitute—

“(b)

“securities” means—

(a)

shares,

(b)

instruments creating or acknowledging indebtedness,

(c)

instruments giving entitlement to investments,

(d)

certificates representing securities.”.

After sub-clause (2) of that clause, insert—

“(3)

The definition of “securities” in sub-clause (2)(b) must be read with—

(a)

section 22 of the Financial Services and Markets Act 2000;

(b)

any relevant order under that Schedule; and

(c)

Schedule 2 to that Act.”.