13(1)Section 71L of the 2000 Act (offences relating to regulated transactions) has effect with the following modifications.U.K.
(2)In each of subsections (1)(a), (2)(b), (3)(a) and (4)(a), the reference to entering into a regulated transaction of a description mentioned in section 71F(2) or (3) in which another participant is not an authorised participant includes a reference to entering into a variation to which paragraph 12 of this Schedule applies.
(3)In relation to such a variation—
(a)subsection (3)(b) has effect as if for the words “that the other participant is not an authorised participant” there were substituted “ of the matters mentioned in paragraph (a) ”, and
(b)subsections (3)(c), (4)(c) and (10) each have effect as if the reference to the transaction were to the variation.
(4)In subsection (9), the reference to a regulated transaction with a person other than an authorised participant includes a reference to a variation to which paragraph 12 of this Schedule applies.
Commencement Information
I1Sch. 2 para. 13 in force at 1.2.2016 by S.I. 2016/69, reg. 2