- Y Diweddaraf sydd Ar Gael (Diwygiedig)
- Gwreiddiol (a wnaed Fel)
Dyma’r fersiwn wreiddiol (fel y’i gwnaed yn wreiddiol).
176.—(1) In Schedule 1, Part 2 (controlled investments) is amended as follows.
(2) In paragraph 14 (shares or stock)—
(a)in sub-paragraph (2)(b)(1) omit “or in a body constituted under the law of another EEA State for purposes equivalent to those of such a body”;
(b)omit sub-paragraph (3)(d).
(3) In paragraph 15A(2) (alternative finance investment bonds), for sub-paragraph (f)(3) of paragraph (2) substitute—
“(f)the arrangements are—
(i)a security that is admitted to the official list in accordance with Part 6 of the Act,
(ii)a security that is admitted to an official list in the EEA (in accordance with the provisions of Directive 2001/34/EC of the European Parliament and of the Council on the admission of securities to official stock exchange listing and on information to be published on those securities) and has been so admitted since before exit day,
(iii)a security that is admitted to trading on a recognised investment exchange or a UK trading venue, or
(iv)a security that is admitted to trading on an EU trading venue and has been so admitted since before exit day.”.
(4) In paragraph 21(4) (options)—
(a)in sub-paragraph (1)(e)(5), for the words after “an option to which” substitute “paragraph 5, 6, 7 or 10 of Part 1 of Schedule 2 (read with Articles 5, 6, 7, and 8 of the Commission Regulation) applies”;
(b)in sub-paragraph (2)(d)(i)(6), for “Section C of Annex I to the markets in financial instruments directive” substitute “Part 1 of Schedule 2”;
(c)in sub-paragraph (2)(d)(ii), for “Section C of Annex I to the markets in financial instruments directive” substitute “Part 1 of that Schedule”;
(d)in sub-paragraph (3)(c)(7), for “Section C of Annex I to the markets in financial instruments directive” substitute “Part 1 of Schedule 2”;
(e)in sub-paragraph (4), for sub-paragraphs (a) to (d)(8) substitute—
“(a)an investment firm or qualifying credit institution is providing or performing investment services and activities on a professional basis;
(b)a management company which has a Part 4A permission to do so is providing the investment service specified in paragraph 4 or 5 of Part 3 of Schedule 2 or the ancillary service specified in paragraph 1 of Part 3A of that Schedule;
(c)a market operator is providing the investment service specified in paragraph 8 or 9 of Part 3 of that Schedule;
(d)a full-scope UK AIFM which has a Part 4A permission to do so is providing the investment service specified in paragraph 1, 4 or 5 of Part 3 of that Schedule or the ancillary service specified in paragraph 1 of Part 3A of that Schedule.”;
(f)omit sub-paragraph (5)(9).
(5) In paragraph 22 (futures)—
(a)in sub-paragraph (1A)(d), (1B)(e) and (1C)(c)(10), for “Section C of Annex I to the markets in financial instruments directive” substitute “Part 1 of Schedule 2”;
(b)in sub-paragraph (1CA)(11), for “Section C of Annex I to the markets in financial instruments directive” substitute “Part 1 of Schedule 2”;
(c)in sub-paragraph (1D), for sub-paragraphs (a) to (d)(12) substitute—
“(a)an investment firm or qualifying credit institution is providing or performing investment services and activities on a professional basis;
(b)a management company which has a Part 4A permission to do so is providing the investment service specified in paragraph 4 or 5 of Part 3 of Schedule 2 or the ancillary service specified in paragraph 1 of Part 3A of that Schedule;
(c)a market operator is providing the investment service specified in paragraph 8 or 9 of Part 3 of that Schedule;
(d)a full-scope UK AIFM which has a Part 4A permission to do so is providing the investment service specified in paragraph 1, 4 or 5 of Part 3 of that Schedule or the ancillary service specified in paragraph 1 of Part 3A of that Schedule.”;
(d)omit sub-paragraph (1E)(13).
(6) In paragraph 23 (contracts for differences etc)—
(a)in sub-paragraphs (3)(b)(14) and (4A)(c)(15), for “Section C of Annex I to the markets in financial instruments directive” substitute “Part 1 of Schedule 2”;
(b)in sub-paragraphs (4) and (4B)(16), for paragraphs (a) to (d) substitute—
“(a)an investment firm or qualifying credit institution is providing or performing investment services and activities on a professional basis;
(b)a management company which has a Part 4A permission to do so is providing the investment service specified in paragraph 4 or 5 of Part 3 of Schedule 2 or the ancillary service specified in paragraph 1 of Part 3A of that Schedule;
(c)a market operator is providing the investment service specified in paragraph 8 or 9 of Part 3 of that Schedule;
(d)a full-scope UK AIFM which has a Part 4A permission to do so is providing the investment service specified in paragraph 1, 4 or 5 of Part 3 of that Schedule or the ancillary service specified in paragraph 1 of Part 3A of that Schedule.”;
(c)omit sub-paragraph (5)(17).
(7) In paragraph 23A(18) (emission allowances)—
(a)in sub-paragraph (1), after “compliance” insert “(by an EEA State)”;
(b)in sub-paragraph (2), for paragraphs (a) to (d) substitute—
“(a)an investment firm or qualifying credit institution is providing or performing investment services and activities on a professional basis;
(b)a management company which has a Part 4A permission to do so is providing the investment service specified in paragraph 4 or 5 of Part 3 of Schedule 2 or the ancillary service specified in paragraph 1 of Part 3A of that Schedule;
(c)a market operator is providing the investment service specified in paragraph 8 or 9 of Part 3 of that Schedule;
(d)a full-scope UK AIFM which has a Part 4A permission to do so is providing the investment service specified in paragraph 1, 4 or 5 of Part 3 of that Schedule or the ancillary service specified in paragraph 1 of Part 3A of that Schedule.”.
(8) In paragraph 28 (interpretation) omit the definition of “credit institution” and insert at the appropriate places—
““EU trading venue” has the meaning given by Article 2.1.16B of the markets in financial instruments regulation;”;
““qualifying credit institution” has the meaning given in the Regulated Activities Order;”;
““UK trading venue” has the meaning given by Article 2.1.16 of the markets in financial instruments regulation.”.
Sub-paragraph (2)(b) was amended by S.I. 2014/1815.
Paragraph 15A was inserted by S.I. 2010/86.
Sub-paragraph (2)(f) was amended by 2017/488.
Paragraph 21 was amended by S.I. 2006/3384.
Sub-paragraph (1)(e) was inserted by S.I. 2006/3384 and was amended by S.I. 2017/488.
Sub-paragraph (2)(d) was inserted by S.I. 2006/3384 and was amended by S.I. 2017/488.
Sub-paragraph (3)(c) was inserted by S.I. 2006/3384 and was amended by S.I. 2017/488.
Sub-paragraph (4)(b) was inserted by S.I. 2006/3384 and was amended by S.I. 2011/1613 and S.I. 2017/488; sub-paragraphs (4)(c) and (d) were inserted by S.I. 2006/3384 and were amended by S.I. 2017/488.
Sub-paragraph (5) was inserted by S.I. 2006/3384.
Sub-paragraphs (1A), (1B) and (1C) were inserted by S.I. 2006/3384; and (1A)(d) and (1C)(c) were amended by S.I. 2017/488.
Sub-paragraph (1CA) was inserted by S.I. 2017/488.
Sub-paragraph (1D) was inserted by S.I. 2006/3384, sub-paragraphs (1D)(b), (c) and (d) were amended by S.I. 2017/488.
Sub-paragraph (1E) was inserted by S.I. 2006/3384 and was amended by S.I. 2017/488.
Sub-paragraph (3) was inserted by S.I. 2006/3384.
Sub-paragraph (4A) was inserted by S.I. 2017/488.
Sub-paragraphs (4)(b) to (d) were amended by S.I. 2017/488; sub-paragraph (4B) was inserted by S.I 2017/488.
Sub-paragraph (5) was inserted by S.I. 2006/3384.
Paragraph 23A was inserted by S.I. 2017/488.
The Whole Instrument you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.
Would you like to continue?
The Whole Instrument you have selected contains over 200 provisions and might take some time to download.
Would you like to continue?
The Whole Instrument without Schedules you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.
Would you like to continue?
The Whole Instrument without Schedules you have selected contains over 200 provisions and might take some time to download.
Would you like to continue?
Yr Offeryn Cyfan you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.
Would you like to continue?
Y Diweddaraf sydd Ar Gael (diwygiedig):Y fersiwn ddiweddaraf sydd ar gael o’r ddeddfwriaeth yn cynnwys newidiadau a wnaed gan ddeddfwriaeth ddilynol ac wedi eu gweithredu gan ein tîm golygyddol. Gellir gweld y newidiadau nad ydym wedi eu gweithredu i’r testun eto yn yr ardal ‘Newidiadau i Ddeddfwriaeth’.
Gwreiddiol (Fel y’i Deddfwyd neu y’i Gwnaed): Mae'r wreiddiol fersiwn y ddeddfwriaeth fel ag yr oedd pan gafodd ei deddfu neu eu gwneud. Ni wnaed unrhyw newidiadau i’r testun.
Mae Memoranda Esboniadol yn nodi datganiad byr o ddiben Offeryn Statudol ac yn rhoi gwybodaeth am ei amcan polisi a goblygiadau polisi. Maent yn ceisio gwneud yr Offeryn Statudol yn hygyrch i ddarllenwyr nad oes ganddynt gymhwyster cyfreithiol, ac maent yn cyd-fynd ag unrhyw Offeryn Statudol neu Offeryn Statudol Drafft a gyflwynwyd ger bron y Senedd o Fehefin 2004 ymlaen.
Gallwch wneud defnydd o ddogfennau atodol hanfodol a gwybodaeth ar gyfer yr eitem ddeddfwriaeth o’r tab hwn. Yn ddibynnol ar yr eitem ddeddfwriaeth sydd i’w gweld, gallai hyn gynnwys:
Impact Assessments generally accompany all UK Government interventions of a regulatory nature that affect the private sector, civil society organisations and public services. They apply regardless of whether the regulation originates from a domestic or international source and can accompany primary (Acts etc) and secondary legislation (SIs). An Impact Assessment allows those with an interest in the policy area to understand:
Defnyddiwch y ddewislen hon i agor dogfennau hanfodol sy’n cyd-fynd â’r ddeddfwriaeth a gwybodaeth am yr eitem hon o ddeddfwriaeth. Gan ddibynnu ar yr eitem o ddeddfwriaeth sy’n cael ei gweld gall hyn gynnwys:
liciwch ‘Gweld Mwy’ neu ddewis ‘Rhagor o Adnoddau’ am wybodaeth ychwanegol gan gynnwys