The Financial Services and Markets Act 20002
1
The Financial Services and Markets Act 2000 is amended as follows.
2
In section 122IA3 (power to suspend auctioning of auctioned products on a recognised auction platform)—
a
in subsection (1), for “a supplementary EU regulation” substitute “any supplementary market abuse legislation”;
b
in subsection (7), for the words from “(as defined” to the end, substitute “, within the meaning of regulation 4 of the Greenhouse Gas Emissions Trading Scheme Auctioning Regulations 20214”.
3
In section 131AB(1) (interpretation)5, in the definition of “emission allowance”, for the words from “has the meaning” to the end, substitute “means emission allowance as described in paragraph 11 of Part 1 of Schedule 2 to the Financial Services and Markets Act 2000 (Regulated Activities) Order 20016.”.