Article 2

(1)

Any activity of the kind—

(a)

specified by article 14 or 21 of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001^f1 (“the Regulated Activities Order”) (dealing in investments as principal or agent);

(b)

specified by article 64 of that Order (agreeing to carry on specified kinds of activity), so far as relevant to either of those articles; or

(c)

which would be so specified apart from any exclusion from any of those articles made by that Order;

is specified for the purposes of paragraph (b) of subsection (2) of section 412 of the Act (contracts not to be void or unenforceable because of the law relating to gaming).

(2)

The class of investment consisting of securities and contractually based investments (within the meaning of the Regulated Activities Order) is specified for the purposes of paragraph (c) of subsection (2) of that section.

Annotations

Footnotes

f1: S.I. 2001/544.