# Financial Services and Markets Act 2000, Section 324: Interpretation of this Part.


(1) In this Part—
“arranging deals”, in relation to the investments to which this Part applies, has the same meaning as in paragraph 3 of Schedule 2;
“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
“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.
(2) A term used in this Part which is defined in Lloyd’s Act 1982 has the same meaning as in that Act.

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Source: https://www.legislation.gov.uk/ukpga/2000/8/section/324 (the official version)
Page: https://openlegislation.uk/financial-services-and-markets-act-2000/section-324
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.