{
  "url": "https://openlegislation.uk/financial-services-and-markets-act-2000-consequential-amendments-order-2002/article-12",
  "json_url": "https://openlegislation.uk/financial-services-and-markets-act-2000-consequential-amendments-order-2002/article-12.json",
  "legislation": "uksi/2002/1555",
  "legislation_title": "The Financial Services and Markets Act 2000 (Consequential Amendments) Order 2002",
  "legislation_url": "https://openlegislation.uk/financial-services-and-markets-act-2000-consequential-amendments-order-2002",
  "path": "article/12",
  "kind": "article",
  "number": "12",
  "heading": "Meaning of “manager”",
  "text": "In Part IV of Schedule 9 to the Companies Act 1985 (special provisions for banking companies and groups), paragraph (3) is amended as follows.\n(2) In sub-paragraph (1)(b) the words “(within the meaning of the Financial Services and Markets Act 2000)” are repealed.\n(3) For sub-paragraph (3) substitute—\n“(3) In this paragraph—\n(a) “director” includes a shadow director;\n(b) “chief executive” has the meaning given in section 417 of the Financial Services and Markets Act 2000; and\n(c) “manager” has the meaning given in section 423(3) of that Act.”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "Part IV was inserted by the Companies Act 1989 (c. 40), section 18(3), (4), Schedule 7."
    },
    {
      "type": "footnote",
      "label": "f2",
      "text": "The words “within the meaning of the Financial Services and Markets Act 2000” were substituted by S.I. 2001/3649, article 35(3)."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2002/1555/article/12",
    "retrieved_at": "2026-10-29T06:54:47.958322+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."
}