# The Financial Services and Markets Act 2000 (Regulated Activities) Order 2001, Article 45: Sending dematerialised instructions

Extent: E+W+S+N.I.

(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.
(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.
(3) In this Chapter—
(a) “the 2001 Regulations” means the Uncertificated Securities Regulations 2001;
(b) “dematerialised instruction", ..., “settlement bank" and “system-participant" have the meaning given by regulation 3 of the 2001 Regulations.

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Source: https://www.legislation.gov.uk/uksi/2001/544/article/45 (the official version)
Page: https://openlegislation.uk/financial-services-and-markets-act-2000-regulated-activities-order-2001/article-45
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.