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2.—(1) Article 77A (alternative finance investment bonds) of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001(1) is amended as follows.
(2) In paragraph (2)(f)—
(a)in sub-paragraph (i) omit “or”;
(b)in sub-paragraph (ii) for “within the meaning of Article 4.1(14) of Directive 2004/39/EC of the European Parliament and of the Council on markets in financial instruments”, substitute “as defined by Article 4.1.21 of the markets in financial instruments directive”;
(c)after sub-paragraph (ii), insert—
“(iii)trading on a multilateral trading facility (as defined by Article 4.1.22 of the markets in financial instruments directive); or
(iv)trading on an organised trading facility (as defined by Article 4.1.23 of the markets in financial instruments directive).”.
S.I. 2001/544. Article 77A was inserted by S.I. 2010/86 and amended by S.I. 2011/133.
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