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Statutory Instruments
FINANCIAL SERVICES
Made
19th November 1989
Laid before Parliament
30th November 1989
Coming into force
1st January 1990
Whereas it appears to the Secretary of State that the Bank of England, the Board of Banking Supervision established by the Bank of England under section 2 of the Banking Act 1987(1), Lloyd’s and the Monopolies and Mergers Commission exercise public functions;
And whereas it appears to the Secretary of State that members, officers or employees of or persons otherwise connected with those bodies may have access to unpublished price sensitive information relating to securities;
Now, therefore, the Secretary of State, in exercise of the powers conferred on him by section 2(5) of the Company Securities (Insider Dealing) Act 1985(2), hereby makes the following Order:—
1985 c. 8: section 2(5) was added by section 173 of the Financial Services Act 1986 (c. 60).
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