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25D.—(1) The operation of a multilateral trading facility on which MiFID instruments are traded is a specified kind of activity.
(2) In paragraph (1), “MiFID instrument” means any investment—
(a)of the kind specified by article 76, 77, [F277A,] 78, 79, 80, 81, [F382B,] 83, 84 or 85; or
(b)of the kind specified by article 89 so far as relevant to an investment falling within sub-paragraph (a),
that is a financial instrument.]
Textual Amendments
F1Art. 25D inserted (1.4.2007 for specified purposes, 1.11.2007 in so far as not already in force) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment No. 3) Order 2006 (S.I. 2006/3384), arts. 1(2), 13
F2Word in art. 25D(2)(a) inserted (24.2.2010) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) Order 2010 (S.I. 2010/86), art. 1(2), Sch. para. 5(b)
F3Word in art. 25D(2)(a) inserted (1.4.2017 for specified purposes, 3.1.2018 in so far as not already in force) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) Order 2017 (S.I. 2017/488), arts. 1(2), 12(5)