PART 8MISCELLANEOUS AMENDMENTS TO PRIMARY LEGISLATION

Terrorism Act 2000 (c. 11)

Meaning of “financial institution”361

1

Paragraph 6 of Schedule 6 to the Terrorism Act 2000 (financial information) is amended as follows.

2

In sub-paragraph (1)255—

a

for paragraph (a) substitute—

a

a person who has permission under Part 4 of the Financial Services and Markets Act 2000 to accept deposits,

b

paragraph (b) is repealed; and

c

for paragraph (d) substitute—

d

a person carrying on a relevant regulated activity,

3

After sub-paragraph (1) of paragraph 6 insert—

1A

For the purposes of sub-paragraph (1)(d), a relevant regulated activity means—

a

dealing in investments as principal or as agent,

b

arranging deals in investments,

c

managing investments,

d

safeguarding and administering investments,

e

sending dematerialised instructions,

f

establishing etc. collective investment schemes,

g

advising on investments.

1B

Sub-paragraphs (1)(a) and (1A) must be read with—

a

section 22 of the Financial Services and Markets Act 2000;

b

any relevant order under that section; and

c

Schedule 2 to that Act.