SCHEDULEMinor and consequential amendments to primary and secondary legislation

PART 2Minor and consequential amendments to secondary legislation

Financial Services and Markets Act 2000 (Communications by Auditors) Regulations 200126

1

The Financial Services and Markets Act 2000 (Communications by Auditors) Regulations 2001 M1 are amended as follows.

2

In regulation 1 (citation, commencement and interpretation) in paragraph (2)—

a

in the definition of “the person concerned”—

i

in sub-paragraph (a) for “, recognised investment exchange or recognised clearing house” in both places substitute “ or recognised body ”;

ii

in sub-paragraph (b) for “, recognised investment exchange or recognised clearing house” in both places substitute “ or recognised body ”;

b

after the definition of “the person concerned” insert—

“recognised body” has the meaning given by section 313(1) of the Act;

3

In regulation 2 (circumstances in which an auditor is to communicate)—

a

in paragraph (1) for “, recognised investment exchange or recognised clearing house” in both places substitute “ or recognised body ”;

b

in paragraph (2)(b) for the words from “recognised investment exchange” to “recognised clearing houses” substitute “ recognised body, the requirements set out in relation to that sort of recognised body ”.