Part XVIII Recognised Investment Exchanges and Clearing Houses
F1CHAPTER 1ACONTROL OVER RECOGNISED INVESTMENT EXCHANGE
Interpretation
301MInterpretation
(1)
In this Chapter—
“acquisition” means the acquisition of control or of an increase in control over a recognised investment exchange;
“credit institution” means—
(a)
a credit institution authorised under the F2capital requirements directive; or
(b)
an institution which would satisfy the requirements for authorisation as a credit institution under that directive if it had its registered office (or if it does not have a registered office, its head office) in an EEA State; and
“” and “voting power” have the same meaning as in section 422.
(2)
For the purposes of this Chapter, a “working day” is a day other than—
(a)
a Saturday or a Sunday; or
(b)
a day which is a bank holiday in England and Wales under the Banking and Financial Dealings Act 1971.