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The Insider Dealing (Securities and Regulated Markets) (Amendment) Order 2000

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Statutory Instruments

2000 No. 1923

INSIDER DEALING

The Insider Dealing (Securities and Regulated Markets) (Amendment) Order 2000

Made

19th July 2000

Coming into force

20th July 2000

Whereas a draft of this Order has been approved by a resolution of each House of Parliament pursuant to section 64(2) of the Criminal Justice Act 1993(1);

Now, therefore, the Treasury, in exercise of the powers conferred on them by sections 60(1), 62(1) and 64(3) of that Act, hereby make the following Order:

Citation and commencement

1.  This Order may be cited as the Insider Dealing (Securities and Regulated Markets) (Amendment) Order 2000, and shall come into force on the day after the day on which it is made.

Amendment of the 1994 Order

2.—(1) The Insider Dealing (Securities and Regulated Markets) Order 1994(2) is amended as follows.

(2) In article 9, before “any market” there is inserted “(a)”, and at the end there is inserted—

(b)the market known as OFEX, operated by J. P. Jenkins Limited..

(3) In article 10, the word “and” at the end of paragraph (c) is omitted, and at the end there is inserted—

(e)COREDEAL Limited;

together with the market known as OFEX, operated by J. P. Jenkins Limited..

(4) In the Schedule—

(a)after “Copenhagen Stock Exchange.” there is inserted “COREDEAL Limited.”;

(b)after “Dusseldorf Stock Exchange.” there is inserted “The exchange known as EASDAQ.”;

(c)“Securities Exchange of Iceland.” is omitted.

Bob Ainsworth

Jim Dowd

Two of the Lords Commissioners of Her Majesty’s Treasury

19th July 2000

Explanatory Note

(This note is not part of the Order)

This Order makes changes to the list, in article 9 of, and the Schedule to, the Insider Dealing (Securities and Regulated Markets) Order 1994, of markets which are “regulated markets” for the purposes of insider dealing. It also adds to the list, in article 10 of the 1994 Order, of regulated markets which are “regulated in the United Kingdom” for the purposes of the territorial scope of the offence of insider dealing.

(2)

S.I. 1994/187, amended by S.I. 1996/1561.

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