Paragraph 3 Uncertificated Securities Regulations 2001

In paragraph 28 of Schedule 1 to the Uncertificated Securities Regulations 2001 M1 (requirements for approval of a person as operator)—

(a)

omit sub-paragraph (3) M2; and

(b)

in sub-paragraph (4) M3—

(i)

in the definition of “branch”, for “4.1.26” substitute “ 4.1.30 ”;

(ii)

in the definition of “financial instrument”, for “4.1.17” substitute “ 4.1.15 ”;

(iii)

in the definition of “markets in financial instruments directive” for “2004/39/EC” substitute “ 2014/65/EU ”; and

(iv)

in the definition of “markets in financial instruments directive” for “21st April 2004” substitute “ 15 May 2014 ”.

Annotations

M1: S.I. 2001/3755; paragraph 28 was inserted by S.I. 2007/124.
M2: Paragraph 28(3) was inserted by S.I. 2007/124.
M3: Paragraph 28(4) was inserted by S.I. 2007/124 and amended by S.I. 2013/3115, there are other amendments to this paragraph but none is relevant.

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)