# The Financial Services and Markets Act 2000 (Stakeholder Products) (Amendment) Regulations 2005, Regulation 2


(1) The Financial Services and Markets Act 2000 (Stakeholder Products) Regulations 2004 are amended as follows.
(2) In paragraph (b) of regulation 4 (certain deposit accounts)—
(a) for “as a means of payment to the account payment by” substitute—
“payment to the account by any of the following means, at the option of the account-holder”;
(b) omit sub-paragraph (iii).
(3) In paragraph (2)(b) of regulation 7 (characteristics and conditions applicable to certain stakeholder products) for the words from “as a means” to “payment by” substitute—
“payment to the investment scheme by any of the following means, at the option of the investor”.

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Source: https://www.legislation.gov.uk/uksi/2005/594/regulation/2 (the official version)
Page: https://openlegislation.uk/financial-services-and-markets-act-2000-stakeholder-products-amendment-regulations-2005/regulation-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.