Financial Services and Markets Act 2000

[F1301MInterpretationU.K.
This section has no associated Explanatory Notes

(1) In this Chapter—

  • “acquisition” means the acquisition of control or of an increase in control over a recognised investment exchange;

  • “credit institution” means—

    (a)

    a credit institution authorised under the [F2capital requirements directive]; or

    (b)

    an institution which would satisfy the requirements for authorisation as a credit institution under that directive if it had its registered office (or if it does not have a registered office, its head office) in an EEA State; and

  • “shares” and “voting power” have the same meaning as in section 422.

(2)For the purposes of this Chapter, a “working day” is a day other than—

(a)a Saturday or a Sunday; or

(b)a day which is a bank holiday in England and Wales under the Banking and Financial Dealings Act 1971.]

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