The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) (No. 3) Order 2013

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

This section has no associated Explanatory Memorandum

6.—(1) The Financial Services and Markets Act 2000 (Financial Promotion) Order 2005(1) is amended as follows.

(2) In article 16(2)(a)(ii) (exempt persons), after “that section” insert “or in relation to which sections 20(1) and (1A) and 23(1A) of the Act(2) do not apply by virtue of that section”.

(3) In article 28B(1)(b)(ii) (real time communications: introductions)(3), after “is exempt from the general prohibition” insert “or in relation to which sections 20(1) and (1A) and 23(1A) of the Act do not apply”.

(2)

Sections 20 and 23 were amended by the Financial Services Act 2012, Schedule 9.

(3)

Amended by S.I. 2006/2383 and S.I. 2009/1342.