# The Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001, Article 607: Construction of the 2001 Order—“relevant institution”

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

(1) Article 2 of the Afghanistan (United Nations Sanctions) (Isle of Man) Order 2001 (interpretation) is amended as follows.
(2) The existing text is numbered paragraph (1).
(3) In paragraph (1), in the definition of “relevant institution” for paragraph (d) substitute—
“(d) an EEA firm of the kind mentioned in paragraph 5(b) of Schedule 3 to the Financial Services and Markets Act 2000, which has lawfully established a branch in the Isle of Man for the purpose of accepting deposits or other repayable funds from the public;”.
(4) After paragraph (1) insert—
“(2) For the purpose of paragraph (d) of the definition of “relevant institution” in paragraph (1) the activity of accepting deposits has the meaning given in any relevant order under section 22 of the Financial Services and Markets Act 2000.”.

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Source: https://www.legislation.gov.uk/uksi/2001/3649/article/607 (the official version)
Page: https://openlegislation.uk/financial-services-and-markets-act-2000-consequential-amendments-and-repeals-order-2001/article-607
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.