Article 2 Amendment of the Financial Services and Markets Act 2000 (Exemption) Order 2001

(1)

The Financial Services and Markets Act 2000 (Exemption) Order 2001^f1 is amended as follows.

(2)

After article 3 insert—

“Persons exempt in respect of any regulated activity

3A

Each of the persons listed in Part 1A of the Schedule is exempt from the general prohibition in respect of any regulated activity.”.

(3)

In Part I of the Schedule (persons exempt in respect of any regulated activity other than insurance business), omit paragraph 15D^f2.

(4)

After Part I of the Schedule, insert—

“Part 1A

PERSONS EXEMPT IN RESPECT OF ANY REGULATED ACTIVITY

15E

National Wealth Fund Limited^f3.”.

Annotations

Footnotes

f1: S.I. 2001/1201.
f2: Paragraph 15D was inserted by S.I. 2021/1127.
f3: National Wealth Fund Limited was formerly known as UK Infrastructure Bank Limited. The name was changed at Companies House on 14th October 2024.