Article 9 Meaning of “securities”

In subsection (6) of section 3 of the Licensing (Alcohol Education and Research) Act 1981 (final accounts of authorities and powers of liquidators), for the definition of “securities”^f1 substitute—

• ““securities” means—

  1. (a)

     shares,

  2. (b)

     instruments creating or acknowledging indebtedness,

  3. (c)

     government and public securities,

  4. (d)

     instruments giving entitlement to investments,

  5. (e)

     certificates representing securities,

  6. (f)

     units in a collective investment scheme,

  7. (g)

     rights to, or interests in, any security of a kind mentioned in paragraphs (a) to (f).”.

After subsection (6) insert—

“(7)

The definition of “securities” in subsection (6) 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.”.