Amendments to article 83 of the Order: options
7.—(1) Article 83 of the Order(1) (options) is amended as follows.
(2) In paragraph (1)(e)—
(a)after “directive” insert “read with Articles 5, 6, 7 and 8 of the Commission Regulation”;
(b)for “the text of which is set out in Part I” substitute “the texts of which are set out in Parts 1 and 2”.
(3) In paragraph (2)(d)—
(a)in paragraph (i), after “Schedule 2” insert “(read with Articles 5 and 6 of the Commission Regulation)”;
(b)in paragraph (ii), for “38” substitute “7”.
(4) In paragraph (3)(c), after “with” insert “Articles 7 and 8 of”.
(5) In paragraph (4)—
(a)omit “or” at the end of sub-paragraph (b);
(b)in sub-paragraph (c), for “paragraph 8” substitute “paragraph 8 or 9”;
(c)after sub-paragraph (c) insert—
“, or
(d)an AIFM is providing, in accordance with Article 6.4 of the alternative investment fund managers directive the investment service specified in paragraph 1, 4 or 5 of Section A, or the ancillary service specified in paragraph 1 of Section B, of Annex I to the markets in financial instruments directive.”.
Article 83 was amended by S.I. 2006/3384 and 2011/1613.