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Financial Services and Markets Act 2000

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Changes over time for: Section 191G

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Version Superseded: 01/04/2013

Status:

Point in time view as at 06/02/2011. This version of this provision has been superseded. Help about Status

Changes to legislation:

Financial Services and Markets Act 2000, Section 191G is up to date with all changes known to be in force on or before 25 May 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations. Help about Changes to Legislation

[F1191GInterpretationU.K.

This section has no associated Explanatory Notes

(1) In this Part—

  • acquisition” means the acquisition of control or of an increase in control over a UK authorised person;

  • credit institution” means—

    (a)

    a credit institution authorised under the banking consolidation directive; or

    (b)

    an institution which would satisfy the requirements for authorisation as a credit institution under that directive if it had its registered office (or if it does not have a registered office, its head office) in an EEA State;

  • shares” has the same meaning as in section 422;

  • UK authorised person” means an authorised person who—

    (a)

    is a body incorporated in, or an unincorporated association formed under the law of, any part of the United Kingdom; and

    (b)

    is not a person authorised as a result of paragraph 1 of Schedule 5; and

  • voting power” has the same meaning as in section 422.

(2)For the purposes of this Part, a “working day” is a day other than—

(a)a Saturday or a Sunday; or

(b)a day which is a bank holiday in England and Wales under the M1Banking and Financial Dealings Act 1971.]

Textual Amendments

F1Ss. 178-191G and cross-headings substituted (21.3.2009) for ss. 178-191 and cross-headings by The Financial Services and Markets Act 2000 (Controllers) Regulations 2009 (S.I. 2009/534), reg. 3, Sch. 1 (with reg. 8)

Marginal Citations

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