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The Financial Markets and Insolvency (Money Market) Regulations 1995

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Interpretation of Part VII as applied by the regulations

3.  References in the provisions of Part VII as they are applied by these Regulations—

(a)to a defaulter shall be taken to be to references to a defaulter within the meaning of these Regulations;

(b)to default proceedings shall be taken to be references to proceedings taken by a listed person under his default rules;

(c)to defaut rules shall be taken to be references to default rules within the meaning of these Regulations;

(d)to a market charge shall be taken to be references to a money market charge;

(e)to market contracts shall be taken to be references to money market contracts and related contracts;

(f)to a member of a recognised investment exchange or a recognised clearing house shall be taken to be references to a person using the settlement arrangements provided by a listed person;

(g)to a recognised investment exchange or a recognised clearing house shall be taken to be references to a listed person; and

(h)to rules shall be taken to be references to rules within the meaning of these Regulations.

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