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2.—(1) In this Order—
“the Act” means the Financial Services and Markets Act 2000;
“contractually based investment” has the meaning given by article 3(1) of the Regulated Activities Order;
“occupational pension scheme” and “personal pension scheme” have the meaning given by section 1 of the Pension Schemes Act 1993(1);
“the Regulated Activities Order” means the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001(2);
“relevant investment” means a security or a contractually based investment;
“security” has the meaning given by article 3(1) of the Regulated Activities Order;
“syndicate” has the meaning given by article 3(1) of the Regulated Activities Order.
(2) For the purposes of this Order, a person is a member of a personal pension scheme if he is a person to or in respect of whom benefits are or may become payable under the scheme.
1993 c. 48. The definition of “personal pension scheme” in section 1 was amended by the Welfare Reform and Pensions Act 1999 (c. 30), Schedule 2, para. 3(1)(a).
S.I. 2001/544.
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