Part I U.K. Regulation of Investment Business

Modifications etc. (not altering text)

C1 Pt. I (ss. 1-128) amended (S.) (22.5.2000) by S.I. 2000/121, regs. 1, 37, Sch. 2

C2 Pt. I (ss. 1–128): power to modify conferred (prosp.) by Courts and Legal Services Act 1990 (c. 41, SIF 76:1), ss. 89, 124(3), Sch. 14 para. 9(c)

Chapter II U.K. Restriction on Carrying on Business

3 Persons entitled to carry on investment business. U.K.

No person shall carry on, or purport to carry on, investment business in the United Kingdom unless he is an authorised person under Chapter III or an exempted person under Chapter IV of this Part of this Act.

Modifications etc. (not altering text)

C3 S. 3 restricted (1.1.1993) by S.I. 1992/3218, reg. 5(1)(b).

s. 3 excluded (until 1.1.1997) by S.I. 1995/3271, art. 7

Ss. 3, 4 excluded (1.1.1996) by S.I. 1995/3275, reg. 5(1)(a) (with reg. 5(2))