Explanatory Notes

Financial Services and Markets Act 2000

2000 CHAPTER 8

14 June 2000

Commentary on Sections

Part Xxviii: Miscellaneous

Section 412: Gaming contracts

730.Legislation governing gaming contracts includes provisions for such contracts not to be legally enforceable.  Some regulated activities involve entering into or performing contracts which could potentially be covered by this legislation, for example derivative contracts such as “put options”, and the effect of this section is to make certain that such contracts are legally enforceable.