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The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) Order 2013

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The Financial Services and Markets Act 2000 (Stakeholder Products) Regulations 2004

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98.  In regulation 2(1) (interpretation) of the Financial Services and Markets Act 2000 (Stakeholder Products) Regulations 2004(1)—

(a)omit the definition of “the Conduct of Business Rules”;

(b)for the definition of “dilution levy” substitute—

“dilution levy” has the meaning given by the Financial Conduct Authority Handbook made by the Financial Conduct Authority under the 2000 Act;;

(c)for the definition of “land and buildings” substitute—

“land and buildings” means interests in any land or buildings which satisfy the conditions in paragraph 5.6.18 of the Collective Investment Schemes Sourcebook made by the Financial Conduct Authority under the 2000 Act;.

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