PART 2AMENDMENTS TO THE COMPANIES LEGISLATION

The Companies (No.2)(Northern Ireland) Order 1990 (S.I. 1990/1504 (N.I. 10))

Definitions for purposes of Part 5101

1

Article 111 of the Companies (No. 2) (Northern Ireland) Order 1990 (definitions for purposes of Part 5) is amended in accordance with paragraphs (2) to (6).

2

In paragraph (1), after the definition of “administrative receiver”, insert—

  • “the Authority” means the Financial Services Authority;

3

In that paragraph, the definitions of “clearing house”, of “investment” and “investment exchange” and of “recognised” are repealed.

4

In that paragraph, after the definition of “overseas”, insert—

  • “recognised clearing house” and “recognised investment exchange” have the same meaning as in the Financial Services and Markets Act 2000;

5

In that paragraph, for the definition of “The Stock Exchange” substitute—

  • “The Stock Exchange” means the London Stock Exchange Limited;

6

Paragraph (4) is repealed.

7

In the table in Article 112 of that Order (table of defined expressions)—

a

the entries relating to the following expressions are repealed—

  • clearing house;

  • ensuring the performance of a transaction;

  • investment;

  • investment exchange; and

  • recognised; and

b

insert the following in the appropriate places—

the Authority

Article 111(1)

recognised clearing house and recognised investment exchange

Article 111(1)