{
  "url": "https://openlegislation.uk/financial-services-and-markets-act-2000-regulated-activities-order-2001/article-45",
  "json_url": "https://openlegislation.uk/financial-services-and-markets-act-2000-regulated-activities-order-2001/article-45.json",
  "legislation": "uksi/2001/544",
  "legislation_title": "The Financial Services and Markets Act 2000 (Regulated Activities) Order 2001",
  "legislation_url": "https://openlegislation.uk/financial-services-and-markets-act-2000-regulated-activities-order-2001",
  "path": "article/45",
  "kind": "article",
  "number": "45",
  "heading": "Sending dematerialised instructions",
  "text": "(1) Sending, on behalf of another person, dematerialised instructions relating to a security or a contractually based investment is a specified kind of activity, where those instructions are sent by means of a relevant system within the meaning of the 2001 Regulations.\n(2) Causing dematerialised instructions relating to a security or a contractually based investment to be sent on behalf of another person by means of such a system is also a specified kind of activity where the person causing them to be sent is a system-participant.\n(3) In this Chapter—\n(a) “the 2001 Regulations” means the Uncertificated Securities Regulations 2001;\n(b) “dematerialised instruction\", ..., “settlement bank\" and “system-participant\" have the meaning given by regulation 3 of the 2001 Regulations.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in art. 45(1) inserted (27.4.2002) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) Order 2002 (S.I. 2002/682), arts. 1(2)(b), 13(1)(a)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Words in art. 45(1) substituted (27.3.2019) by The Uncertificated Securities (Amendment and EU Exit) Regulations 2019 (S.I. 2019/679), regs. 1(2), 6(a) (with regs. 10-12)"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "Words in art. 45(2) inserted (27.4.2002) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) Order 2002 (S.I. 2002/682), arts. 1(2)(b), 13(2)"
    },
    {
      "type": "F",
      "label": "F4",
      "text": "Words in art. 45(2) inserted (1.12.2001) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) Order 2001 (S.I. 2001/3544), arts. 1(a), 7"
    },
    {
      "type": "F",
      "label": "F5",
      "text": "Art. 45(3)(a) substituted (27.4.2002) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) Order 2002 (S.I. 2002/682), arts. 1(2)(b), 13(3)(a)"
    },
    {
      "type": "F",
      "label": "F6",
      "text": "Word in art. 45(3)(b) omitted (27.3.2019) by virtue of The Uncertificated Securities (Amendment and EU Exit) Regulations 2019 (S.I. 2019/679), regs. 1(2), 6(b) (with regs. 10-12)"
    },
    {
      "type": "F",
      "label": "F7",
      "text": "Word in art. 45(3)(b) substituted (27.4.2002) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) Order 2002 (S.I. 2002/682), arts. 1(2)(b), 13(3)(b)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2001/544/article/45",
    "retrieved_at": "2026-10-29T08:01:12.377334+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}