The Financial Services and Markets Act 2000 (Exemption) Order 2001

PART IIIU.K. PERSONS EXEMPT IN RESPECT OF ANY REGULATED ACTIVITY MENTIONED IN ARTICLE 5(1)

26.  The National Debt Commissioners.U.K.

[F127.  Partnerships UK.]U.K.

28.  The International Development Association.U.K.

29.  The English Tourist Board.U.K.

30.  F2....U.K.

31.  The Scottish Tourist Board.U.K.

32.  The Northern Ireland Tourist Board.U.K.

33.  Scottish Enterprise.U.K.

34.  The Multilateral Investment Guarantee Agency.U.K.

[F334A.  The Board of the Pension Protection Fund.]U.K.

35.  A person acting as an official receiver within the meaning of section 399 of the Insolvency Act 1986 M1 or article 2 of the Insolvency (Northern Ireland) Order 1989 M2.U.K.

Marginal Citations

M2S.I. 1989/2405 (N.I. 19); to which there are amendments not relevant to this Order.

36.    U.K.

(1) A person who provides the trading facilities which constitute a regulated market, in so far as he carries on a regulated activity in connection with, or for the purposes of, the provision of those trading facilities.

(2) In sub-paragraph (1), “regulated market" means a market which—

(a)appears on the list drawn up by an EEA State other than the United Kingdom pursuant to Article 16 of the investment services directive; and

(b)operates without any requirement that a person dealing on the market should have a physical presence in the EEA State from which the trading facilities are provided or on any trading floor that the market may have.

37.    U.K.

[F4(1) An Operator, in so far he carries on—

(a)any regulated activity for the purposes of the performance of his functions as an Operator under the Uncertificated Securities Regulations 1995; or

(b)any other regulated activity for the purposes of operating a computer-based system and procedures which—

(i)enable title to investments to be evidenced and transferred without a written instrument; or

(ii)facilitate matters supplementary or incidental to those specified in sub-paragraph (i),

other than a regulated activity in respect of which a recognised clearing house is exempt from the general prohibition by virtue of section 285(3) of the Act.]

(2) In sub-paragraph (1), “Operator" means a person approved as such by the Treasury under the Uncertificated Securities Regulations 1995.

38.  A person acting as a judicial factor.U.K.

39.  A person acting as an insolvency practitioner within the meaning of section 388 of the Insolvency Act 1986 M3 [F5or article 3 of the Insolvency (Northern Ireland) Order 1989].U.K.