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Section 8 Interpretation.C1

England, Wales and Scotland

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

In this Act, unless the context otherwise requires, the following expressions have the meanings hereby respectively assigned to them, that is to say:—

  • F1F2“Actuary” means a person who satisfies the requirements which are specified by the Authority for the purposes of section 340(6) of the Financial Services and Markets Act 2000 in so far as that subsection relates to actuaries;

  • “Auditor” means a person who is a qualified auditor for the purposes of the M1Friendly and Industrial and Provident Societies Act 1968:

F3“Authority” means the F4Financial Conduct Authority ;

  • F5. . .

  • “Rules” means in relation to any fund, the instrument creating and regulating the trusts of the fund, and includes every such instrument:

  • “Trust” for the purpose of any application made or intended to be made for the registration under this Act of any fund or proposed fund, includes any trust which before such registration may be void by reason of the rule of law relating to perpetuities, and for that purpose the expression “trustee” shall be construed accordingly.]

Annotations

Textual amendments

F1

Definitions of “Actuary” and “Auditor” repealed and new definitions inserted by Friendly and Industrial and Provident Societies Act 1968 (c. 55), Sch. 1 para. 9

F2

Definition of “actuary” in s. 8 substituted (1.12.2001) by S.I. 2001/3649, arts. 1, 178(6)(a)

F3

Definition of “Authority” in s. 8 inserted (1.12.2001) by S.I. 2001/3649, arts. 1, 178(6)(c)

F4

Words in s. 8 substituted (1.4.2013) by The Financial Services Act 2012 (Consequential Amendments) Order 2013 (S.I. 2013/636), art. 1(2), Sch. para. 1

F5

Definition of “Chief Registrar” and “Registrar” in s. 8 repealed (1.12.2001) by S.I. 2001/3649, arts. 1, 178(6)(b)

Marginal citations

M1

1968 c. 55.

Modifications

C1

S. 8: power to continue conferred (1.7.1992) by Social Security (Consequential Provisions) Act 1992 (c. 6), ss. 5, 7(2), Sch. 3 Pt. II para. 15

S. 8: functions transferred to the Treasury (prosp.) by S.I. 2001/2617, arts. 2(b) 4(1)(a), Sch. 1 Pt. I