The Central Securities Depositories Regulations 2017 No. 1064

SCHEDULE Minor and consequential amendments to primary and secondary legislation

PART 1 Consequential amendments to primary legislation

Finance Act 1986

4.—(1) The Finance Act 1986(1) is amended as follows.

(2) In section 84 (miscellaneous exemptions), in subsection (3)(a)—

(a) after “recognised clearing house” in the first place it occurs insert “, a recognised CSD, an EEA CSD or a third country CSD”;

(b) after “recognised clearing house” in the second place it occurs insert “, a recognised CSD, an EEA CSD or a third country CSD”.

(3) In section 85 (supplementary) for subsection (5)(c) substitute—

“(c) “recognised clearing house”, “recognised CSD”, “EEA CSD” and “third country CSD” have the meanings given by section 285(1)(b), (e), (f) and (g) of the Financial Services and Markets Act 2000.”.

(1)

1986 c.41; section 85(5)(c) was amended by S.I. 2001/3629. Sections 84 and 85 are prospectively repealed by section 132 of the Finance Act 1990. There are other amendments but none is relevant.