Interpretation
2. In these Regulations:—
“the Official List” has the meaning given by section 142(7) of the Financial Services Act 1986(1);
“overseas investment exchange” and “recognised investment exchange”have the meaning given by section 207(1) of the Financial Services Act 1986;
“regulated market” means any market in the United Kingdom on which securities are admitted to trading being a market which is regulated and supervised by a recognised investment exchange and which operates regularly and is accessible directly or indirectly to the public; and
“security” means any security which falls within any paragraph of the Schedule to these Regulations but does not include an investment which is admitted to the Official List in accordance with Part IV of the Financial Services Act 1986.
and the expressions “admitting to trading” and “company” and “undertaking”have the same meaning as in the Council Directive of 13th November 1989 co-ordinating regulations on insider dealing (89/592/EEC)(2)
1986 c. 60.Section 142(7) of the Financial Services Act 1986 has been amended by the Official Listing of Securities (Change of Competent Authority) Regulations 1991 (S.I.1991/2000).
OJ No. L334/30 18.11.1989.