The Financial Services and Markets Act 2000 (Commencement No. 1) Order 2001

2. Introductory Text

1. This Order may be cited as the Financial Services and...

3. 2. 25th February 2001 is the day appointed for the coming...

4. Signature

5. 1. SCHEDULE

      PROVISIONS COMING INTO FORCE ON 25TH FEBRUARY 2001

      1. PART 1 PROVISIONS COMING INTO FORCE FOR ALL PURPOSES

         1. Section 22 (regulated activities)

         2. Section 38 (exemption orders)

         3. Section 41(1) (meaning of “the threshold conditions”)

         4. Section 79(3) (persons responsible for listing particulars)

         5. Section 86 (application of Part VI to prospectuses)

         6. Subsections (4) and (5) of section 87 (approval of prospectuses...

         7. Section 103 (interpretation of Part VI)

         8. Section 118(3), (4) and (10) (prescribed markets and qualifying investments)...

         9. Section 132(3) (Financial Services and Markets Tribunal rules)

         10. Section 134 and 135 (legal assistance scheme)

         11. Section 137(6) (Tribunal rules: appeals)

         12. Section 142 (insurance business: regulations supplementing Authority’s rules), except for...

         13. Section 144(4) and (5) (order limiting Authority’s power to make...

         14. Section 145(5) (order limiting Authority’s power to make financial promotion...

         15. Section 192(a) (power to provide exemptions from obligation to notify...

         16. Subsections (6), (8) and (9) of section 215 (rights of...

         17. Sections 235 to 237 (collective investment schemes—interpretation)

         18. Subsections (1) to (3) of section 239 (single property schemes)...

         19. Section 262 (open-ended investment companies)

         20. Section 286 (recognition requirements for recognised investment exchanges and clearing...

         21. Section 313 (interpretation of Part XVIII)

         22. Section 326 (designation of professional bodies)

         23. Sections 334(1) and (2), 335, 336(1) and (2), 337, 338(1)...

         24. Subsection (5) of section 342 (information given by auditor or...

         25. Subsection (5) of section 343 (information given by auditor or...

         26. Section 351(7) (meaning of “specified enactment” for the purposes of...

         27. Section 353 (removal of other restrictions on disclosure)

         28. Subsections (9) to (14) of section 397 (misleading statements and...

         29. Section 409 (Gibraltar)

         30. Subsections (1) to (3) of section 414 (service of notices)...

         31. Subsections (4) and (5) of section 416 (provisions relating to...

         32. Section 417 (interpretation)

         33. Section 419 (carrying on regulated activities by way of business)...

         34. Sections 420 to 423 (meaning of parent and subsidiary undertaking...

         35. Subsections (1) and (2) of section 424 (meaning of expressions...

         36. Section 425 (meaning of expressions relating to authorisation elsewhere in...

         37. Sections 426 and 427 (consequential, supplementary and transitional provisions)

         38. Section 429 (Parliamentary control of statutory instruments)

         39. Schedule 2 (regulated activities)

         40. Schedule 9 (non-listing prospectuses), except for paragraph 7

         41. Schedule 11 (offers of securities)

         42. Paragraph 6(2) of Schedule 12 (meaning of “commitment” for purposes...

         43. Paragraph 9 of Schedule 13 (Tribunal rules)

      2. PART 2 PROVISIONS COMING INTO FORCE FOR THE PURPOSE OF MAKING ORDERS OR REGULATIONS

         1. Section 20(3) (rights of action for breach of permission)

         2. Section 21 (restrictions on financial promotion)

         3. Subsection (1) of section 39 (exemption of appointed representatives)

         4. Subsections (1) and (3) of section 47 (exercise of Authority’s...

         5. Subsections (2) and (3) of section 71 (rights of action...

         6. Subsection (3) of section 75 (application for listing)

         7. Section 108 (requirements of applicants for business transfer orders)

         8. Subsections (3) to (5) of section 150 (rights of action...

         9. Subsection (4)(b) of section 168 (appointment of persons to carry...

         10. Subsection (2) of section 183 (duty of Authority in relation...

         11. Subsection (2) of section 188 (notices of objection to existing...

         12. Subsection (2) of section 202 (rights of action for contravention...

         13. Subsection (10) of section 213 (the compensation scheme)

         14. Subsection (5) of section 214 (provisions of the compensation scheme:...

         15. Subsection (4) of section 224 (scheme manager’s power to inspect...

         16. Section 238 (restrictions on promotion of collective investment schemes)

         17. Subsections (1) and (3)(c) of section 264 (recognition of collective...

         18. Section 270 (schemes authorised in designated countries or territories)

         19. Subsection (2) of section 284 (investigations in relation to collective...

         20. Subsection (6) of section 327 (exemption from the general prohibition...

         21. Section 349 (exceptions from restrictions on disclosure of confidential information)...

         22. Subsection (1)(b) of section 402 (power of the Authority to...

         23. Section 412 (gaming contracts)

         24. Section 424(3) (law applicable to a contract of insurance)

         25. Schedule 3 (EEA passport rights)

         26. Paragraphs 8 and 9 of Schedule 6 (power to vary...

         27. Paragraph 19 of Part II of Schedule 19 (specification of...

      3. PART 3 PROVISIONS COMING INTO FORCE FOR SPECIFIC PURPOSES

         1. Sections 31(1)(b) and 37, for the purpose of introducing Schedule...

         2. Section 111(2), for the purpose of introducing Part 1 of...

         3. Section 132(1) (the Financial Services and Markets Tribunal), for the...

         4. Section 132(4), for the purpose of introducing Schedule 13 (to...

6. Explanatory Note