{
  "url": "https://openlegislation.uk/financial-services-and-markets-act-2000-consequential-amendments-order-2002/article-5",
  "json_url": "https://openlegislation.uk/financial-services-and-markets-act-2000-consequential-amendments-order-2002/article-5.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/5",
  "kind": "article",
  "number": "5",
  "heading": "Meaning of “securities”",
  "text": "(1) In subsection (1) of section 98 of the Local Government Act 1972 (interpretation of sections 95 and 97) for paragraph (a) substitute—\n“(a) any of the following kinds of investments, namely—\n(i) shares,\n(ii) instruments creating or acknowledging indebtedness,\n(iii) government and public securities,\n(iv) instruments giving entitlement to investments,\n(v) certificates representing securities,\n(vi) units in a collective investment scheme,\n(vii) rights to, or interests in, any security of a kind mentioned in sub-paragraphs (i) to (vi); or”.\n(2) After subsection (2) of section 98 insert—\n“(3) Paragraph (a) of subsection (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": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "Section 98 was repealed prospectively by the Local Government Act 2000 (c. 22), Schedules 5 and 6, from a date to be appointed. No such date has been appointed at the date of the making of this Order."
    },
    {
      "type": "footnote",
      "label": "f2",
      "text": "Paragraph (a) was substituted, together with paragraph (b), by the Financial Services Act 1986 (c. 60), section 212(2), Schedule 16, paragraph 8."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2002/1555/article/5",
    "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."
}