Amendments to the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001U.K.

2.—(1) The Financial Services and Markets Act 2000 (Regulated Activities) Order 2001(1) is amended as follows.

(2) In article 39B(2)—

(a)at the end of sub-paragraph (b)(i) omit “or”;

(b)for sub-paragraph (b)(ii) substitute—

(ii)an EEA firm falling within paragraph 5(da) of Schedule 3 to the Act (reinsurance undertaking); or

(iii)a person established outside the United Kingdom and not falling within paragraph (ii) who carries on an activity of the kind specified by article 10 by way of business..

Commencement Information

I1Art. 2 in force at 10.12.2007, see art. 1

(1)

S.I. 2001/544, as amended by 2003/1476.