# Financial Services and Markets Act 2023, Paragraph 47


(1) Regulation 27 (FCA power to require information) is amended as follows.
(2) In paragraph (1), in both of sub-paragraphs (a) and (b) omit “or over the counter contract”.
(3) In paragraph (2) omit “or over the counter contract”.
(4) For paragraph (3) substitute—
“(3) For the purposes of this regulation a commodity derivative is a “relevant” commodity derivative if—
(a) requirements imposed by rules under regulation 15A apply to the commodity derivative (or to commodity derivatives of that class), or
(b) it is a commodity derivative (or falls within a class of commodity derivatives) to which the FCA is considering making such requirements apply.”

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Source: https://www.legislation.gov.uk/ukpga/2023/29/schedule/2/paragraph/47 (the official version)
Page: https://openlegislation.uk/financial-services-and-markets-act-2023/schedule-2/paragraph-47
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.