PART IGENERAL

Citation and commencementI11

1

This Order may be cited as the Financial Services and Markets Act 2000 (Transitional Provisions) (Authorised Persons etc.) Order 2001.

2

This Order comes into force—

a

for the purposes of Parts I and IV, on the twenty-first day after it is laid before Parliament;

b

for all other purposes, on commencement.

Annotations:
Commencement Information
I1

Art. 1 in force at 10.8.2001 for specified purposes, see art. 1(2)(a)

DefinitionsI22

1

In this Order—

  • “the Act” means the Financial Services and Markets Act 2000;

  • “building society” has the same meaning as in the Building Societies Act;

  • “commencement” means the beginning of the day on which section 19 comes into force;

  • “exempted person” means a person exempted under Chapter IV of Part I of the Financial Services Act;

  • “recognised professional body” has the same meaning as in the Financial Services Act;

  • “recognised self-regulating organisation” has the same meaning as in the Financial Services Act, except that it includes a recognised self-regulating organisation for friendly societies within the meaning of that Act;

  • “the Regulated Activities Order” means the Financial Services and Markets Act 2000 (Regulated Activities) Order 20012.

2

In this Order—

  • “the Banking Act” means the Banking Act 19873;

  • “the Building Societies Act” means the Building Societies Act 19864;

  • “the Financial Services Act” means the Financial Services Act 19865;

  • “the Friendly Societies Act” means the Friendly Societies Act 19926;

  • “the Insurance Companies Act” means the Insurance Companies Act 19827;

  • “the 2BCD Regulations” means the Banking Coordination (Second Council Directive) Regulations 19928;

  • “the ISD Regulations” means the Investment Services Regulations 19959;

  • “the 3ID Regulations” means the Insurance Companies (Third Insurance Directives) Regulations 199410.

3

Any reference in this Order to a section or Schedule is, unless the context otherwise requires, a reference to that section of or Schedule to the Act.