- Latest available (Revised)
- Original (As made)
This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
5.—(1) In subsection (1) of section 98 of the Local Government Act 1972 (interpretation of sections 95 and 97)(1) for paragraph (a)(2) substitute—
“(a)any of the following kinds of investments, namely—
(i)shares,
(ii)instruments creating or acknowledging indebtedness,
(iii)government and public securities,
(iv)instruments giving entitlement to investments,
(v)certificates representing securities,
(vi)units in a collective investment scheme,
(vii)rights to, or interests in, any security of a kind mentioned in sub-paragraphs (i) to (vi); or”.
(2) After subsection (2) of section 98 insert—
“(3) Paragraph (a) of subsection (1) must be read with—
(a)section 22 of the Financial Services and Markets Act 2000;
(b)any relevant order under that section; and
(c)Schedule 2 to that Act.”.
Section 98 was repealed prospectively by the Local Government Act 2000 (c. 22), Schedules 5 and 6, from a date to be appointed. No such date has been appointed at the date of the making of this Order.
Paragraph (a) was substituted, together with paragraph (b), by the Financial Services Act 1986 (c. 60), section 212(2), Schedule 16, paragraph 8.
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: