PRIMARY LEGISLATION

The Data Protection Act 1998 (c. 29)

Exemption in connection with corporate finance services25

1

In Schedule 7 to the Data Protection Act 1998 (miscellaneous exemptions), paragraph 6 (corporate finance) is amended as follows.

2

In sub-paragraph (3), in the definition of “instrument”, omit “, as set out in Schedule 1 to the Investment Services Regulations 1995”.

3

In that sub-paragraph, in the definition of “relevant person”, for paragraphs (a) to (c) substitute—

a

any person who, by reason of any permission he has under Part IV of the Financial Services and Markets Act 2000, is able to carry on a corporate finance service without contravening the general prohibition, within the meaning of section 19 of that Act;

b

an EEA firm of the kind mentioned in paragraph 5(a) or (b) of Schedule 3 to that Act which has qualified for authorisation under paragraph 12 of that Schedule, and may lawfully carry on a corporate finance service;

c

any person who is exempt from the general prohibition in respect of any corporate finance service—

i

as a result of an exemption order made under section 38(1) of that Act, or

ii

by reason of section 39(1) of that Act (appointed representatives);

cc

any person, not falling within paragraph (a), (b) or (c) who may lawfully carry on a corporate finance service without contravening the general prohibition;