Article 113 InterpretationI1

Amend regulation 2 (interpretation)^f1 as follows.

In the definition of “accountable date” in paragraphs (a)(ii) and (b) for “a recognised self-regulating organisation, a recognised professional body” substitute “the Financial Services Authority”.

In the definition of “EEA regulated market” for the words from “paragraphs” to “1995” substitute “paragraph 36(2) of Part III of the Schedule to the Financial Services and Markets Act 2000 (Exemption) Order 2001^f2”.

Omit the definition of “European institution”.

In the definition of “exchange” in paragraph (a) for “207(1) of the Financial Services Act 1986” substitute “285(1)(a) of the Financial Services and Markets Act 2000”.

For the definition of “investment business” substitute—

• ““investment business” means business which consists of the carrying on of one or more of the activities specified in Articles 14, 21, 25, 37, 40, 45, 51 and 53 and, in so far as it applies to any of those Articles, Article 64 of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001;”.

In the definition of “qualified dealer” for paragraphs (a) and (b) substitute—

“(a)

a person who has permission under Part 4 of the Financial Services and Markets Act 2000 to carry on investment business, or”.

Omit the definition of “recognised professional body” and “recognised self-regulating organisation”.