Paragraph 35

(1)

Section 312B M1 (removal of passport rights from EEA market operator) is amended as follows.

(2)

In subsection (1) M2 for “regulated market or multilateral trading facility” substitute “ trading venue ”.

(3)

In subsection (2) M3—

(a)

at the end of paragraph (b) omit “or”;

(b)

for paragraph (c) substitute—

“(c)
by the markets in financial instruments regulation; or
(d)
by any directly applicable EU regulation made under that directive or that regulation”.

Annotations

Marginal citations

M1: Section 312B was inserted by S.I. 2007/126.
M2: Subsection (1) was amended by paragraph 34 of Schedule 8 to the Financial Services Act 2012.
M3: Subsection (2) was amended by S.I. 2011/1043.

Notes on the whole SI

Textual amendments

F1: Regulations revoked (14.12.2023 for the revocation of reg. 51) by Financial Services and Markets Act 2023 (c. 29), s. 86(3), Sch. 1 Pt. 2 (with s. 1(4)); S.I. 2023/1382, reg. 2(c)(xviii)