{
  "url": "https://openlegislation.uk/financial-services-and-markets-act-2000/section-324",
  "json_url": "https://openlegislation.uk/financial-services-and-markets-act-2000/section-324.json",
  "legislation": "ukpga/2000/8",
  "legislation_title": "Financial Services and Markets Act 2000",
  "legislation_url": "https://openlegislation.uk/financial-services-and-markets-act-2000",
  "path": "section/324",
  "kind": "section",
  "number": "324",
  "heading": "Interpretation of this Part.",
  "text": "(1) In this Part—\n“arranging deals”, in relation to the investments to which this Part applies, has the same meaning as in paragraph 3 of Schedule 2;\n“former underwriting member” means a person ceasing to be an underwriting member of the Society on, or at any time after, 24 December 1996; and\n“participation in Lloyd’s syndicates”, in relation to the secondary market activity, means the investment described in sub-paragraph (1) of paragraph 21 of Schedule 2.\n(2) A term used in this Part which is defined in Lloyd’s Act 1982 has the same meaning as in that Act.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "M",
      "label": "M1",
      "text": "1982 c.xiv."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2000/8/section/324",
    "retrieved_at": "2026-10-29T09:21:21.899993+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."
}