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The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No. 2) Order 2002

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Amendment of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001

3.—(1) The Regulated Activities Order is also amended as follows.

(2) After article 9A, insert—

Information society services

9AA.  Article 5 is subject to the exclusion in article 72A (information society services)..

(3) After article 12, insert—

Information society services

12A.  Article 10 is subject to the exclusion in article 72A (information society services), as qualified by paragraph (2) of that article..

(4) In article 20, for “and 72 (overseas persons)”, substitute, “, 72 (overseas persons) and 72A (information society services)”.

(5) In article 24, for “and 72 (overseas persons)”, substitute “, 72 (overseas persons) and 72A (information society services)”.

(6) In article 36, for “and 72 (overseas persons)”, substitute “, 72 (overseas persons) and 72A (information society services)”.

(7) In article 39, for “and 69 (groups and joint enterprises)”, substitute “, 69 (groups and joint enterprises) and 72A (information society services)”.

(8) In article 44, for “and 71 (employee share schemes)”, substitute “, 71 (employee share schemes) and 72A (information society services)”.

(9) In article 50, for “and 69 (groups and joint enterprises)”, substitute “, 69 (groups and joint enterprises) and 72A (information society services)”.

(10) After article 51, insert—

Exclusion

Information society services

51A.  Article 51 is subject to the exclusion in article 72A (information society services)..

(11) After article 52, insert—

Exclusion

Information society services

52A.  Article 52 is subject to the exclusion in article 72A (information society services)..

(12) In article 55, for “and 72 (overseas persons)”, substitute “, 72 (overseas persons) and 72A (information society services).”.

(13) After article 58, insert—

Exclusion

Information society services

58A.  Articles 56 to 58 are subject to the exclusion in article 72A (information society services)..

(14) For the cross-heading before article 60, substitute—

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