The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No. 2) Order 2003

Misleading statements and practices U.K.

17.—(1) The Financial Services and Markets Act 2000 (Misleading Statements and Practices) Order 2001(1) is amended as follows.

(2) In article 2 (interpretation)—

(a) after the definition of “the Act”, insert—

““contract of insurance” has the meaning given by article 3(1) of the Regulated Activities Order;”; and

(b) after the definition of “the Financial Promotion Order”, insert—

““Regulated Activities Order” means the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001(2);”.

(3) In article 3—

(a) in paragraph (d), for “the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001”, substitute “the Regulated Activities Order”; and

(b) after paragraph (d), insert—

• “;

  (e)

  (so far as not already specified by paragraph (a)), an activity of the kind specified by—

  (i)

  article 14 of the Regulated Activities Order (dealing in investments as principal),

  (ii)

  article 21 of that Order (dealing in investments as agent),

  (iii)

  article 25(1) or (2) of that Order (arranging deals in investments),

  (iv)

  article 39A of that Order (assisting in the administration and performance of a contract of insurance),

  (v)

  article 53 of that Order (advising on investments), or

  (vi)

  so far as relevant to any of those articles, article 64 of that Order (agreeing),

  so far as it relates to a contract of insurance.”.

Commencement Information

I1 Art. 17 in force at 31.10.2004 for specified purposes and 14.1.2005 otherwise, see art. 1(3)

(1)

S.I. 2001/3645; amended by S.I. 2002/1777.

(2)

S.I. 2001/544; amended by S.I. 2001/3544; S.I. 2002/682; S.I. 2002/1310; S.I. 2002/1776 and S.I. 2003/1475.