SCHEDULECONSEQUENTIAL AMENDMENTS

Regulation 16

The Financial Services and Markets Act 2000 (Regulated Activities) Order 20011

1

The Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 M1 is amended as follows.

2

In article 3(1), for the definition of “management company” substitute—

management company” has the meaning given by Article 2.1(b) of the UCITS directive;

3

In article 83(4)(b), for “Article 5(3)” substitute “ Article 6(3) ”.

4

In article 84(1D)(b) for “Article 5(3)” substitute “ Article 6(3) ”.

5

In article 85(4)(b) for “Article 5(3)” substitute “ Article 6(3) ”.

The Financial Services and Markets Act 2000 (Promotion of Collective Investment Schemes) (Exemptions) Order 20012

1

The Financial Services and Markets Act 2000 (Promotion of Collective Investment Schemes)(Exemptions) Order 2001 M2 is amended as follows.

2

In article 10A(3), for “Article 4” substitute “ Article 5 ”.

3

In article 30, for the words “(notice indicating” to the end of the article, substitute “ (notice indicating the existence of grounds for refusal of an application for authorisation) ”.

Annotations:
Marginal Citations
M2

S.I. 2001/1060, amended by S.I. 2002/2157 and 2003/2067. There are other amending instruments but none are relevant.

The Electronic Commerce Directive (Financial Services and Markets) Regulations 20023

1

The Electronic Commerce Directive (Financial Services and Markets) Regulations 2002 M3 are amended as follows.

2

In regulation 2(1)—

a

in the definition of “UCITS Directive” for “Directive 85/611/EEC of the Council of the European Communities of 20 December 1985” substitute “ Directive 2009/65/EC of the European Parliament and of the Council of 13 July 2009 ”;

b

in the definition of “UCITS Directive Scheme” for “Article 4” substitute “ Article 5 ”.

Annotations:
Marginal Citations
M3

S.I. 2002/1775. There are amending instruments but none are relevant.

The Reporting of Savings Income Information Regulations 20034

1

The Reporting of Savings Income Information Regulations 2003 M4 are amended as follows.

2

In regulation 2(1), in the definition of “the UCITS Directive”, for “Council Directive 85/611/EEC of 20th December 1985” substitute “ Council Directive 2009/65/EC of 13th July 2009 ”.

Annotations:
Marginal Citations
M4

S.I. 2003/3297. There are amending instruments but none are relevant.

The Financial Conglomerates and Other Financial Groups Regulations 20045

1

The Financial Conglomerates and Other Financial Groups Regulations 2004 M5 are amended as follows.

2

In regulation 1(2), in paragraph (c) of the definition of “regulated entity”—

a

for “Article 1a(2)” substitute “ Article 2.1(b) ”, and

b

for “Article 5”, substitute “ Article 6 ”.

The Montserrat Reporting of Savings Income Information Order 20056

1

The Montserrat Reporting of Savings Income Order 2005 M6 is amended as follows.

2

In article 3(1), in the definition of “the European UCITS Directive”, for “Council Directive 85/611/EEC of 20th December 1985” substitute “ Council Directive 2009/65/EC of 13th July 2009 ”.

The Financial Services and Markets Act 2000 (Financial Promotion) Order 20057

1

The Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 M7 is amended as follows.

2

In article 20B, for paragraph (3), substitute—

3

In this article, “UCITS directive scheme” means an undertaking for collective investment in transferable securities which is subject to Directive 2009/65/EC of the European Parliament and of the Council of 13th July 2009 on the co-ordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities and has been authorised in accordance with Article 5 of that Directive.

3

In Schedule 1, in paragraph 21(4)(b), for “Article 5(3)” substitute “ Article 6(3) ”.

The Financial Services and Markets Act 2000 (Controllers) (Exemption) Order 20098

1

The Financial Services and Markets Act 2000 (Controllers) (Exemption) Order 2009 M8 is amended as follows.

2

In article 2, in paragraph (c) of the definition of “relevant UK authorised person”, for “Article 1a.2” substitute “ Article 2.1(b) ”.