# The Financial Services and Markets Act 2000 (Regulated Activities) Order 2001, Article 76: Shares etc.

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

(1) Shares or stock in the share capital of—
(a) any body corporate (wherever incorporated), and
(b) any unincorporated body constituted under the law of a country or territory outside the United Kingdom.
(2) Paragraph (1) includes—
(a) any shares of a class defined as deferred shares for the purposes of section 119 of the Building Societies Act 1986 or section 31A of the Credit Unions Act 1979; and
(b) any transferable shares in a body incorporated under the law of, or any part of, the United Kingdom relating to co-operative and community benefit societies, industrial and provident societies or credit unions, or in a body constituted under the law of another EEA State for purposes equivalent to those of such a body.
(3) But subject to paragraph (2) there are excluded from paragraph (1) shares or stock in the share capital of—
(a) an open-ended investment company;
(b) a building society incorporated under the law of, or any part of, the United Kingdom;
(c) a body incorporated under the law of, or any part of, the United Kingdom relating to co-operative and community benefit societies, industrial and provident societies or credit unions;
(d) any body constituted under the law of an EEA State for purposes equivalent to those of a body falling within sub-paragraph (b) or (c).

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Source: https://www.legislation.gov.uk/uksi/2001/544/article/76 (the official version)
Page: https://openlegislation.uk/financial-services-and-markets-act-2000-regulated-activities-order-2001/article-76
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.