Section 327 (exemption from the general prohibition)
This section has no associated Explanatory Memorandum
64. In section 327 (exemption from the general prohibition)—
(a)in subsection (1)(aa), for “Section A of Annex 1 of the markets in financial instruments directive”, substitute “Part 3 of Schedule 2 to the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001”;
(b)in subsection (7A)(a), omit “for the purposes of the markets in financial instruments directive”;
(c)in subsection (7B), omit “for the purposes of the markets in financial instruments directive”;
(d)in subsection (7C), for the words from “Article 4(a)” to the end, substitute “paragraph 6(a) to (c) of Schedule 3 to the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001”.