Interpretation: general2

• F3...

• F3...

• F4“the 2006 Act” means the Companies Act 2006

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

• “close relative” in relation to a person means—

  1. a

     his spouse F1or civil partner;

  2. b

     his children and step-children, his parents and step-parents, his brothers and sisters and his step-brothers and step-sisters; and

  3. c

     the spouse F1or civil partner of any person within sub-paragraph (b);

• “controlled activity” has the meaning given by article 4 and Schedule 1;

• “controlled investment” has the meaning given by article 4 and Schedule 1;

• “deposit” means a sum of money which is a deposit for the purposes of article 5 of the Regulated Activities Order;

• F2“direct financial benefit” includes any commission, discount, remuneration or reduction in premium;

• “equity share capital” has the meaning given in F5the 2006 Act (see section 548);

• “financial promotion restriction” has the meaning given by article 5;

• “government” means the government of the United Kingdom, the Scottish Administration, the Executive Committee of the Northern Ireland Assembly, the National Assembly for Wales and any government of any country or territory outside the United Kingdom;

• “instrument” includes any record whether or not in the form of a document;

• “international organisation” means any body the members of which comprise—

  1. a

     states including the United Kingdom or another EEA State; or

  2. b

     bodies whose members comprise states including the United Kingdom or another EEA State;

• “overseas communicator” has the meaning given by article 30;

• “previously overseas customer” has the meaning given by article 31;

• “publication” means—

  1. a

     a newspaper, journal, magazine or other periodical publication;

  2. b

     a web site or similar system for the electronic display of information;

  3. c

     any programme forming part of a service consisting of the broadcast or transmission of television or radio programmes;

  4. d

     any teletext service, that—is to say a service consisting of television transmissions consisting of a succession of visual displays (with or without accompanying sound) capable of being selected and held for separate viewing or other use;

• “qualifying contract of insurance” has the meaning given in the Regulated Activities Order;

• “qualifying credit” has the meaning given by paragraph 10 of Schedule 1;

• “the Regulated Activities Order” means the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 M1;

• “relevant insurance activity” has the meaning given by article 21;

• “relevant investment activities” has the meaning given by article 30;

• “solicited real time communication” has the meaning given by article 8;

• F6“structured deposit” means a deposit which is fully repayable at maturity on terms under which interest or a premium will be paid or is at risk, according to a formula involving factors such as—

  1. a

     an index or combination of indices excluding variable rate deposits whose return is directly linked to an interest rate index such as Euribor or Libor;

  2. b

     a financial instrument or combination of financial instruments;

  3. c

     a commodity or combination of commodities or other physical or non-physical non-fungible assets; or

  4. d

     a foreign exchange rate or combination of foreign exchange rates;

• “units”, in a collective investment scheme, has the meaning given by Part XVII of the Act;

• “unsolicited real time communication” has the meaning given by article 8.