The Banking Coordination (Second Council Directive) Regulations 1992

17.  Section 13 of the Company Securities (Insider Dealing) Act 1985(1) (definition of “offmarket dealer” etc.) shall have effect as if the reference in subsection (3) to an authorised person within the meaning of the Financial Services Act included a reference to a European institution carrying on home-regulated investment business in the United Kingdom.

(1)

Section 13(3) was substituted by section 174(4)(b) of the Financial Services Act 1986 (c. 60).