{
  "url": "https://openlegislation.uk/financial-services-and-markets-act-2000-consequential-amendments-and-repeals-order-2001/article-478",
  "json_url": "https://openlegislation.uk/financial-services-and-markets-act-2000-consequential-amendments-and-repeals-order-2001/article-478.json",
  "legislation": "uksi/2001/3649",
  "legislation_title": "The Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001",
  "legislation_url": "https://openlegislation.uk/financial-services-and-markets-act-2000-consequential-amendments-and-repeals-order-2001",
  "path": "article/478",
  "kind": "article",
  "number": "478",
  "heading": "Interpretation of the Trust Deed and Superannuation Scheme",
  "text": "(1) The Industry-Wide Coal Staff Superannuation Scheme Regulations 1994 are amended as follows.\n(2) In clause 15 of the Schedule (terms of Trust Deed) for sub-clause (2)(b) substitute—\n“(b) “securities” means—\n(i) shares,\n(ii) instruments creating or acknowledging indebtedness,\n(iii) instruments giving entitlement to investments,\n(iv) certificates representing securities.”.\n(3) After sub-clause (2) of that clause, insert—\n“(3) The definition of “securities” in sub-clause (2)(b) must be read with—\n(a) section 22 of the Financial Services and Markets Act 2000;\n(b) any relevant order under that Schedule; and\n(c) Schedule 2 to that Act.”.\n(4) In rule 1.1 of the Overriding Appendix (GMP Model Rules) for the definition of “insurer” substitute—\n““insurer” means—\n(a) a person who has permission under Part 4 of the Financial Services and Markets Act 2000 to effect or carry out contracts of long-term insurance, or\n(b) an EEA firm of the kind mentioned in paragraph 5(d) of Schedule 3 to that Act, which has permission under paragraph 15 of that Schedule (as a result of qualifying for authorisation under paragraph 12(1) of that Schedule) to effect or carry out contracts of long-term insurance;”.\n(5) After rule 1.1 of that Appendix insert—\n“1.1A The definition of “insurer” in rule 1.1 must be read with—\n(a) section 22 of the Financial Services and Markets Act 2000;\n(b) any relevant order under that section; and\n(c) Schedule 2 to that Act.”.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Art. 478 in force at 1.12.2001, see art. 1"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2001/3649/article/478",
    "retrieved_at": "2026-10-29T07:23:30.014012+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}