SCHEDULEConsequential amendments to primary and secondary legislation
Amendments to the Financial Services and Markets Act 2000 (Professions) (Non-Exempt Activities) Order 20018
1
The Financial Services and Markets Act 2000 (Professions) (Non-Exempt Activities) Order 200140 is amended as follows.
2
In article 2(1) (interpretation), at the appropriate place insert—
“structured deposit” has the meaning given by article 3(1) of the Regulated Activities Order;
3
In articles 5(1) (managing investments) and 6(2)(b) and (c)(i) (advising on investments), for “security or contractually based investment” substitute “security, contractually based investment or structured deposit”.