# The Financial Services and Markets Act 2000 (Consequential Amendments) (Taxes) Order 2001, Article 173: Qualifying investments for a cash component

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

In regulation 8(2) (qualifying investments for a cash component)—
(a) in sub-paragraph (a) for “an institution authorised under the Banking Act 1987” substitute “a person falling within section 840A(1)(b) of the Taxes Act”;
(b) for sub-paragraph (c) substitute—
“(c) units in, or shares of, a money market scheme;”;
(c) for sub-paragraph (d) substitute—
“(d) units in, or shares of, a fund of funds scheme, within the meaning given in regulation 2(1)(b), with the modification that for the words from “comply with” to the end there are substituted the words
“permit the investments of the scheme, or subject to the trusts of the scheme, to consist only of units in, or shares of, money market schemes;”.”

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Source: https://www.legislation.gov.uk/uksi/2001/3629/article/173 (the official version)
Page: https://openlegislation.uk/financial-services-and-markets-act-2000-consequential-amendments-taxes-order-2001/article-173
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.