# The Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001, Article 565: Group accounts: subsidiary undertakings

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

(1) In paragraph (7) of regulation 4 of the Building Societies (Accounts and Related Provisions) Regulations 1998 (group accounts: supplementary provisions), for the words from “means” to the end substitute “means the carrying on of a regulated activity (within the meaning of the Financial Services and Markets Act 2000) of accepting deposits”.
(2) After that paragraph insert—
“(7A) The reference in paragraph (7) to accepting deposits must be read with—
(a) section 22 of the Financial Services and Markets Act 2000;
(b) any relevant order under that section; and
(c) Schedule 2 to that Act.”.

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Source: https://www.legislation.gov.uk/uksi/2001/3649/article/565 (the official version)
Page: https://openlegislation.uk/financial-services-and-markets-act-2000-consequential-amendments-and-repeals-order-2001/article-565
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.