The Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001

Definitions for purposes of Part 5

101.—(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that paragraph, the definitions of “clearing house”, of “investment” and “investment exchange” and of “recognised” are repealed.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(6) Paragraph (4) is repealed.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(a)the entries relating to the following expressions are repealed—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 AuthorityArticle 111(1); and
recognised clearing house and recognised investment exchangeArticle 111(1).