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Financial Services and Markets Act 2000

GLOSSARY OF TERMS USED IN THE EXPLANATORY NOTES

31.In addition to the defined terms above, for convenience, these explanatory notes also use certain other abbreviated terms as set out below.

Term used in these notesMeaning
Banking ActBanking Act 1987
CC Act 1974Consumer Credit Act 1974
Companies ActCompanies Act 1985
competent authoritythe competent authority for listing
DGFTDirector General of Fair Trading
EC directivesDirectives adopted by the relevant European Community institution
FS Act 1986Financial Services Act 1986
ICA 1982Insurance Companies Act 1982
oeicopen-ended investment company
SROsSelf-Regulating Organisations, which are responsible for the regulation of investment business under the FS Act 1986

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Explanatory Notes

Text created by the government department responsible for the subject matter of the Act to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Explanatory Notes were introduced in 1999 and accompany all Public Acts except Appropriation, Consolidated Fund, Finance and Consolidation Acts.

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