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The Definition of Financial Instrument Order 2008

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This is the original version (as it was originally made).

Meaning of “securities” etc

This section has no associated Explanatory Memorandum

3.—(1) Section 102A of the Act(1) is amended as follows.

(2) In subsection (4)—

(a)after the words ““financial instrument” has”, insert the words “(except in section 89F)”;

(b)at the end of the subsection, insert the words “(as modified by Article 69 of Directive 2004/39/EC on markets in financial instruments)”(2).

(1)

Section 102A was substituted, together with sections 102B, 102C and 103, for section 103 as originally enacted, by regulation 2(1) of, and Schedule 1 to, S.I. 2005/1433.

(2)

Article 69 of that Directive was substituted by Directive 2006/31/EC of the European Parliament and of the Council, of 5 April 2006 (OJ No L 114, p 61), Article 1(4) as from 28 April 2006.

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