Article 6 Purchase by company of its own shares: definition of “off-market” and “market” purchaseI1

Section 163 of the 1985 Act (meaning of “off-market” and “market” purchase)^f1 is amended as follows.

In subsection (2)(a) for “Part IV of the Financial Services Act 1986” substitute “Part 6 of the Financial Services and Markets Act 2000”.

For subsection (4) substitute—

“(4)

“Recognised investment exchange” means a recognised investment exchange other than an overseas investment exchange.

(5)

Expressions used in the definition contained in subsection (4) have the same meaning as in Part 18 of the Financial Services and Markets Act 2000.”.