Paragraph 5 Spot contractsF1
(1)
This paragraph applies to—
(a)
a spot contract, and
(b)
a master agreement for spot contracts.
(2)
“Spot contract” has the meaning given by Article 7(2) or 10(2) of Commission Delegated Regulation of 25.4.2016 supplementing Directive 2014/65/EU of the European Parliament and of the Council as regards organisational requirements and operating conditions for investment firms and defined terms for the purposes of that Directive.
Annotations
Textual amendments
- F1
Sch. ZA2 inserted (26.6.2020) by Corporate Insolvency and Governance Act 2020 (c. 12), s. 49(1), Sch. 2 (with ss. 2(2), 5(2))