PART 4Amendments of secondary legislation

The Financial Services and Markets Act 2000 (Exemption) Order 20018

1

The Schedule to Financial Services and Markets Act 2000 (Exemption) Order 200145 is amended as follows.

2

In Part 2 (persons exempt in respect of accepting deposits), omit paragraph 19.

3

In Part 3 (persons exempt in respect of any regulated activity mentioned in article 5(1)), omit paragraph 39 (insolvency practitioners).

4

In Part 4 (persons exempt in respect of particular regulated activities)—

a

omit paragraph 47 (local authorities);

b

in the heading to paragraph 5246, for “Insolvency practitioners” substitute “Official receivers”;

c

omit paragraph 52(1)(a), (2) and (3).