Paragraph 3 PracticesI1I2
United Kingdom
(1)
The particular kinds of practices that may be adopted under the FMI sandbox arrangements for the purposes of assessing their efficiency or effectiveness.
(2)
The practices referred to in sub-paragraph (1) include practices adopted in the issuance, trading or settlement of financial instruments in a way not otherwise possible or practicable as a result of requirements imposed by relevant enactments.
Annotations
Commencement
- I1
Sch. 4 para. 3 not in force at Royal Assent, see s. 86(3)
- I2
Sch. 4 para. 3 in force at 29.8.2023 by S.I. 2023/779, reg. 4(bbb)