- Latest available (Revised)
- Original (As made)
This is the original version (as it was originally made).
Statutory Instruments
FINANCIAL SERVICES AND MARKETS
Made
5th June 2003
Laid before Parliament
5th June 2003
Coming into force
31st October 2004
The Treasury, in exercise of the powers conferred on them by section 397(9) and (14) of the Financial Services and Markets Act 2000(1), hereby make the following Order:
1. This Order may be cited as the Financial Services and Markets Act 2000 (Misleading Statements and Practices) (Amendment) Order 2003, and comes into force on 31st October 2004.
2.—(1) The Financial Services and Markets Act 2000 (Misleading Statements and Practices) Order 2001(2) is amended as follows.
(2) In article 2 (interpretation), in the definition of “controlled activity”, for “paragraph 9 or 10” (in both places) substitute “paragraph 9, 10, 10A or 10B”.
(3) In article 3 (specified kinds of activity), after paragraph (c) insert—
“(ca) an activity which falls within paragraph 10A (arranging qualifying credit) or 10B (advising on qualifying credit) of that Schedule, or agreeing to carry on any such activity;”.
Philip Woolas
John Heppell
Two of the Lords Commissioners of Her Majesty’s Treasury
5th June 2003
(This note is not part of the Order)
This Order amends the Financial Services and Markets Act 2000 (Misleading Statements and Practices) Order 2001 (“the principal Order”). That Order specifies certain kinds of activity and investment for the purposes of section 397 of the Financial Services and Markets Act 2000 (“the Act”).
Article 2 amends articles 2 and 3 of the principal Order, with the effect that arranging qualifying credit and advising on qualifying credit are specified as activities for the purposes of section 397(9)(a) of the Act.
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: