Introductory text
Financial Services And Markets
Made 25th July 2013
Coming into force in accordance with article 1
M1The Treasury are a government department designated for the purpose of section 2(2) of the European Communities Act 1972 in relation to financial services .
M2In accordance with paragraph 26 of Schedule 2 to the Financial Services and Markets Act 2000 and paragraph 2(2) of Schedule 2 to the European Communities Act 1972, a draft of this Order has been laid before Parliament and approved by a resolution of each House.
The Treasury are of the opinion that one of the effects of the proposed order would be that an activity which is not a regulated activity would become a regulated activity.
The Treasury, in exercise of the powers conferred by sections 22(1), (1A) and (5) and 428(3) of, and paragraph 25 of Schedule 2 to, the Financial Services and Markets Act 2000 M3 and section 2(2) of the European Communities Act 1972 M4, make the following Order:C1
Annotations
Marginal citations
- M1
- M2
2000 c.8. Paragraph 26 of Schedule 2 was substituted by the Financial Services Act 2012 (c.21), section 8.
- M3
Section 22 was amended by the Financial Services Act 2012, section 7.
- M4
1972 c. 68. Amended by the Legislative and Regulatory Reform Act 2006 (c.51), section 27, and the European Union (Amendment) Act 2008 (c.7), Schedule, Part 1.
Modifications
- C1
Order: power to modify conferred (11.7.2023) by Financial Services and Markets Act 2023 (c. 29), ss. 3, 86(3), Sch. 1 Pt. 2; S.I. 2023/779, reg. 2(d)