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Paragraph 100 Suspension: general provisionI1I2

United Kingdom

For the purposes of paragraphs 97 to 99—

  • “business day” means any day other than a Saturday, a Sunday, or a day which is a bank holiday under the Banking and Financial Dealings Act 1971 in any part of the United Kingdom;

  • “excluded person” means—

    1. (a)

      a person who has been declared to be, or who is an operator of, a designated system under regulation 4 of the Financial Markets and Insolvency (Settlement Finality) Regulations 1999 (S.I. 1999/2979),

    2. (b)

      a CCP,

    3. (c)

      a third-country central counterparty (within the meaning given by section 285 of FSMA 2000), or

    4. (d)

      a central bank.

Annotations

Commencement

I1

Sch. 11 para. 100 not in force at Royal Assent, see s. 86(3)

I2

Sch. 11 para. 100 in force at 31.12.2023 by S.I. 2023/1382, reg. 8(b)