Amendments to Part 6 (official listing)U.K.
This
adran has no associated
Memorandwm Esboniadol
6. In section 86(7) M1 (exempt offers to the public) for subsection (d) substitute—
“(d)a person whom—
(i)any relevant firm was authorised to continue to treat as a professional client immediately before 3 January 2018by virtue of Article 71.6 (transitional provisions) of Directive 2004/39/EC on markets in financial instruments M2; and
(ii)the firm may continue to treat as a professional client from 3 January 2018 by virtue of Section II.2 of Annex II to the markets in financial instruments directive.”.
Marginal Citations
M1Section 86(7) was inserted S.I. 2005/1433 and amended by S.I. 2012/1538.
M2OJ L145 30.4.2004 p.1.