Financial Services Act 2021

This section has no associated Explanatory Notes

2(1)Article 3(1) (definitions) is amended as follows.U.K.

(2)In point (6) (administrator)—

(a)after “means” insert—

(a)”, and

(b)at the end insert , or

(b)in the case of an Article 23A benchmark, a natural or legal person that would have control over the provision of the benchmark but for Article 23D;.

(3)After point (25) insert—

(25A)Article 23A benchmark’ has the meaning given in Article 23A(14);.

(4)After point (36) insert—

(37)working day’ means a day other than—

(a)Saturday or Sunday,

(b)Christmas Day or Good Friday, or

(c)a day which is a bank holiday under the Banking and Financial Dealings Act 1971 in England and Wales.

Commencement Information

I1Sch. 5 para. 2 in force at 1.7.2021 by S.I. 2021/739, reg. 3(n)