Article 9 Qualifications of contractorsC1F1
England, Wales and Scotland
In relation to any function which a contractor is authorised to exercise by the authority, the contractor shall ensure that he and his employees are suitably qualified to make investment decisions on the authority’s behalf and have practical experience of financial matters, including making investments, and, without prejudice to the generality of this condition, shall ensure that he is—
an authorised person within the meaning of the Financial Services and Markets Act 2000 (“the 2000 Act”);F2...
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Annotations
Textual amendments
- F1
Art. 9 substituted (1.12.2001) by The Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001 (S.I. 2001/3649), arts. 1, 533
- F2
Art. 9(b) and word omitted (31.12.2020) by virtue of The Local Government (Miscellaneous Amendments) (EU Exit) Regulations 2018 (S.I. 2018/1386), regs. 1, 4(2); 2020 c. 1, Sch. 5 para. 1(1)
Modifications
- C1
Arts. 7-13 applied (with modifications) (20.1.2006) by The Transport for London (Best Value) (Contracting Out of Investment and Highway Functions) Order 2006 (S.I. 2006/91), arts. 1, 2(1)(3)