{
  "url": "https://openlegislation.uk/financial-services-and-markets-act-2000-controllers-exemption-order-2009/article-2",
  "json_url": "https://openlegislation.uk/financial-services-and-markets-act-2000-controllers-exemption-order-2009/article-2.json",
  "legislation": "uksi/2009/774",
  "legislation_title": "The Financial Services and Markets Act 2000 (Controllers) (Exemption) Order 2009",
  "legislation_url": "https://openlegislation.uk/financial-services-and-markets-act-2000-controllers-exemption-order-2009",
  "path": "article/2",
  "kind": "article",
  "number": "2",
  "heading": "Interpretation",
  "text": "In this Order—\n“the Act” means the Financial Services and Markets Act 2000;\n“authorised building society” means any UK authorised person which is a building society within the meaning of section 119 of the Building Societies Act 1986 (interpretation);\n“managing agent” has the meaning given in article 3 of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001;\n“relevant friendly society” means any UK authorised person which is a friendly society to which neither subsection (2) nor subsection (3) of section 37 of the Friendly Societies Act 1992 (restriction on combinations of business) applies; and\n“relevant UK authorised person” means a UK authorised person other than—\n(a) a credit institution which has permission under Part 4A of the Act to carry on the regulated activity of accepting deposits;\n(b)an investment firm (as defined in section 424A of the Act);\n(c)a management company (as defined in section 237(2) of the Act);\n(d) an insurance undertaking which includes for the purposes of this Order a managing agent; or\n(e) a reinsurance undertaking.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in art. 2 inserted (1.1.2016) by The Solvency 2 Regulations 2015 (S.I. 2015/575), reg. 1(2), Sch. 2 para. 30(b)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Words in art. 2 substituted (31.12.2020) by The Financial Services and Markets Act 2000 (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/632), regs. 1(3), 185 (with savings in S.I. 2019/680, reg. 11 (as amended by S.I. 2019/1212, regs. 1(3), 22(3)); 2020 c. 1, Sch. 5 para. 1(1)"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "Words in art. 2 substituted (1.1.2016) by The Solvency 2 Regulations 2015 (S.I. 2015/575), reg. 1(2), Sch. 2 para. 30(a)"
    },
    {
      "type": "M",
      "label": "M1",
      "text": "“UK authorised person” is defined in section 191G of the Act (as inserted by S.I. 2009/534, see Regulation 3 and Schedule 1)."
    },
    {
      "type": "M",
      "label": "M2",
      "text": "1986 c.53. There are amendments to section 119 which are not relevant to this Order."
    },
    {
      "type": "M",
      "label": "M3",
      "text": "1992 c.40. There are amendments to section 37 which are not relevant to this Order."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2009/774/article/2",
    "retrieved_at": "2026-10-29T03:14:20.587363+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."
}