Financial Services and Markets Act 2000

This section has no associated Explanatory Notes

2(1)A person authorised as a result of paragraph 1(1) has permission to carry on, so far as it is a regulated activity—

(a)any activity, appropriate to the capacity in which he acts in relation to the scheme, of the kind described in paragraph 8 of Schedule 2;

(b)any activity in connection with, or for the purposes of, the scheme.

(2)A person authorised as a result of paragraph 1(3) has permission to carry on, so far as it is a regulated activity—

(a)the operation of the scheme;

(b)any activity in connection with, or for the purposes of, the operation of the scheme.