Regulation 5 “Relevant securities”I1

United Kingdom

(1)

In these Regulations “relevant securities” means—

(a)

transferable securities, other than excluded securities, and

(b)

investments that—

(i)

are of a kind specified for the purposes of section 22 of FSMA 2000 (regulated activities) as a result of article 77 of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001^f1 (instruments creating or acknowledging indebtedness), but

(ii)

are not transferable securities or excluded securities.

(2)

In this regulation “excluded securities” has the meaning given in regulation 6.

Annotations

Commencement

I1: Reg. 5 in force at 30.1.2024, see reg. 2(1)(a)

Footnotes

f1: S.I. 2001/544. Article 77 was amended by S.I. 2010/86 and revoked in part by S.I. 2011/133.