This section has no associated Explanatory Memorandum
4. In section 312D, the definition of “applicable provision” shall be read as including, in addition to the cases set out in paragraphs (a) and (b)—U.K.
“(c)in the case of arrangements relating to an auction platform, the first sub-paragraph of Article [F153.6] of the market in financial instruments directive as applied to auction platforms under Article 35 of the emission allowance auctioning regulation;”.
Textual Amendments
F1Word in Sch. 3 para. 4 substituted (29.6.2017 for specified purposes) by The Financial Services and Markets Act 2000 (Markets in Financial Instruments) Regulations 2017 (S.I. 2017/701), reg. 1(2)(3)(4)(6), Sch. 5 para. 14(5) (with reg. 7)