The Financial Services and Markets Act 2000 (Financial Promotion) Order 2005

Interpretation: outgoing electronic commerce communicationsU.K.

8A.—(1) For the purposes of the application of those articles to outgoing electronic commerce communications—

(a)any reference in article 48(7)(c), 50(1)(a) or (3)(e) or 52(3)(c) to an authorised person includes a reference to a person who is entitled, under the law of an EEA State other than the United Kingdom, to carry on regulated activities in that State;

(b)any reference in article 68(1) or 71 to rules or legislation includes a reference to provisions corresponding to those rules or legislation in the law of an EEA State other than the United Kingdom;

(c)any reference in article 49 to an amount in pounds sterling includes a reference to an equivalent amount in another currency.

(2) For the purposes of the application of article 49 to outgoing electronic commerce communications, any reference in [F1section 831(2) and (3) of the 2006 Act] to a body corporate or company includes a reference to a body corporate or company registered under the law of an EEA State other than the United Kingdom.

(3) For the purposes of the application of article 3 in respect of outgoing electronic commerce communications—

(a)any reference in [F2section 693(3)(b) of the 2006 Act] to a company includes a reference to a company registered under the law of an EEA State other than the United Kingdom;

(b)any reference in that section to an investment exchange includes a reference to an investment exchange which is recognised as an investment exchange under the law of an EEA State other than the United Kingdom.

Textual Amendments