Search Legislation

The Financial Services and Markets Act 2000 (Markets in Financial Instruments) Regulations 2007

 Help about what version

What Version

 Help about advanced features

Advanced Features

Changes over time for: PART 1

 Help about opening options

Alternative versions:

Changes to legislation:

There are currently no known outstanding effects for the The Financial Services and Markets Act 2000 (Markets in Financial Instruments) Regulations 2007, PART 1. Help about Changes to Legislation

Close

Changes to Legislation

Revised legislation carried on this site may not be fully up to date. At the current time any known changes or effects made by subsequent legislation have been applied to the text of the legislation you are viewing by the editorial team. Please see ‘Frequently Asked Questions’ for details regarding the timescales for which new effects are identified and recorded on this site.

PART 1U.K.AMENDMENTS OF PRIMARY LEGISLATION

Amendment of the Judicial Pensions Act (Northern Ireland) 1951U.K.

1.  In section 11A of the Judicial Pensions Act (Northern Ireland) 1951 F1 (voluntary contributions), in subsection (7B)(a), for “C of the Annex to the Investment Services Directive” substitute “ B of Annex I to the Markets in Financial Instruments Directive ”.

F11951 c.20 (N.I.); section 11A was inserted by SI 1991/2631 (N.I.24) and subsection (7B) was inserted by S.I. 2001/3649.

Amendment of the County Courts Act (Northern Ireland) 1959U.K.

2.  In section 127A of the County Courts Act (Northern Ireland) 1959 F2 (voluntary contributions), in subsection (7B)(a), for “C of the Annex to the Investment Services Directive” substitute “ B of Annex I to the Markets in Financial Instruments Directive ”.

Amendment of the Resident Magistrates' Pensions Act (Northern Ireland) 1960U.K.

3.  In section 9A of the Resident Magistrates' Pensions Act (Northern Ireland) 1960 F3 (voluntary contributions), in subsection (7B)(a), for “C of the Annex to the Investment Services Directive” substitute “ B of Annex I to the Markets in Financial Instruments Directive ”.

F31960 c. 2 (N.I.); section 9A was inserted by S.I. 1991/2631 (N.I.24) and subsection (7B) was inserted by S.I. 2001/3649.

Amendment of the Superannuation Act 1972U.K.

4.  In section 1 of the Superannuation Act 1972 F4 (superannuation schemes as respects civil servants, etc.), in subsection (9B)(a), for “C of the Annex to the Investment Services Directive” substitute “ B of Annex I to the markets in financial instruments directive ”.

F41972 c.11; section 1(9B) was inserted by S.I. 2001/3649.

Amendment of the Consumer Credit Act 1974U.K.

5.  In section 25 of the Consumer Credit Act 1974 F5 (licensee to be a fit person), in subsection (1C), for “the Annex to the investment services directive (93/22/EEC)” substitute “ Annex I to the markets in financial instruments directive (2004/39/EC) ”.

F51974 c.39; section 25(1C) was inserted by S.I. 2001/3649 and amended by S.I. 2006/3221.

Amendment of the Judicial Pensions Act 1981U.K.

6.  In section 33A of the Judicial Pensions Act 1981 F6(voluntary contributions), in subsection (9B)(a), for “C of the Annex to the Investment Services Directive” substitute “ B of Annex I to the markets in financial instruments directive ”.

F61981 c.20; section 33A was inserted by section 82 of the Courts and Legal Services Act 1990 (c.41), and subsection (9B) was inserted by S.I. 2001/3649.

Amendment of the Companies Act 1985U.K.

7.—(1) The Companies Act 1985 F7 is amended as follows.

(2) In section 23 F8(membership of holding company), in subsection (3B)(c), for “Article 16 of Council Directive 93/22/EEC on investment services in the securities field” substitute “ Article 47 of Directive 2004/39/EC of the European Parliament and of the Council of 21 April 2004 on markets in financial instruments ”.

(3) In section 162 F9 (power of company to purchase own shares), in subsection (4)(d), for “for the purposes of Article 16 of Council Directive 93/22/EEC on investment services in the securities field” substitute “ which appears on the list drawn up by that State pursuant to Article 47 of Directive 2004/39/EC of the European Parliament and of the Council of 21 April 2004 on markets in financial instruments, ”.

(4) In section 162E F10 (Treasury shares: mandatory cancellation), in subsection (3), for “is a regulated market for the purposes of Article 16 of Council Directive 93/22/EEC on investment services in the securities field” substitute “ appears on the list drawn up by an EEA State pursuant to Article 47 of Directive 2004/39/EC of the European Parliament and of the Council of 21 April 2004 on markets in financial instruments ”.

(5) In section 226 F11 (duty to prepare individual accounts), in subsection (5), for “Council Directive 93/22/EEC on investment services in the securities field” substitute “ Directive 2004/39/EC of the European Parliament and of the Council of 21 April 2004 on markets in financial instruments ”.

(6) In section 227 F12 (duty to prepare group accounts), in subsection (6), for “Council Directive 93/22/EEC on investment services in the securities field” substitute “ Directive 2004/39/EC of the European Parliament and of the Council of 21 April 2004 on markets in financial instruments ”.

(7) In section 228 F13 (exemption for parent companies included in accounts of larger group), in subsection (3), for “Council Directive 93/22/EEC on investment services in the securities field” substitute “ Directive 2004/39/EC of the European Parliament and of the Council of 21 April 2004 on markets in financial instruments ”.

(8) In section 228A F14 (exemption for parent companies included in non-EEA group accounts), in subsection (3), for “Council Directive 93/22/EEC on investment services in the securities field” substitute “ Directive 2004/39/EC of the European Parliament and of the Council of 21 April 2004 on markets in financial instruments ”.

F8Section 23 was substituted by section 129 of the Companies Act 1989 (c.40), and subsection (3B) was inserted by S.I. 1997/2306. Section 23 is prospectively repealed by the Companies Act 2006 (c. 46).

F9Subsection (4) of section 162 was inserted by S.I. 2003/1116 and section 162 is prospectively repealed by the Companies Act 2006, Schedule 16.

F10Section 162E was inserted by S.I. 2003/1116 and is prospectively repealed by the Companies Act 2006, Schedule 16.

F11Section 226 was inserted by S.I. 2004/2947, and is prospectively repealed by the Companies Act 2006, Schedule 16.

F12Section 227 was inserted by S.I. 2004/2947, and is prospectively repealed by the Companies Act 2006, Schedule 16.

F13Section 228 is prospectively repealed by the Companies Act 2006, Schedule 16.

F14Section 228A was inserted by S.I. 2004/2947, and is prospectively repealed by the Companies Act 2006, Schedule 16.

Amendment of the Finance Act 1986U.K.

8.—(1) The Finance Act 1986 F15 is amended as follows.

(2) In section 80B F16 (intermediaries: supplementary), in subsection (2), in the definition of “EEA exchange”, for “Article 16 of European Communities Council Directive No. 93/22/EEC on investment services in the securities field” substitute “ Article 47 of Directive 2004/39/EC of the European Parliament and of the Council of 21 April 2004 on markets in financial instruments ”.

(3) In section 88B F17 (intermediaries: supplementary), in subsection (2), in the definition of “EEA exchange”, for “Article 16 of European Communities Council Directive No. 93/22/EEC on investment services in the securities field” substitute “ Article 47 of Directive 2004/39/EC of the European Parliament and of the Council of 21 April 2004 on markets in financial instruments ”.

F16Section 80B was inserted by section 97 of the Finance Act 1997 (c.16), and is prospectively repealed by section 113 of, and Part VII of Schedule 18 to, that Act.

F17Section 88B was inserted by section 102 of the Finance Act 1997, and is prospectively repealed by section 132 of, and Part VII of Schedule 19 to, the Finance Act 1990 (c. 29).

Amendment of the Building Societies Act 1986U.K.

9.  In section 81B of the Building Societies Act 1986 F18 (interpretation of Part 8), in subsection (1), for the definition of “regulated market” substitute—

regulated market” has the meaning given in Article 4.1.14 of Directive 2004/39/EC of the European Parliament and of the Council of 21 April 2004 on markets in financial instruments..

F181986 c.53; section 81B was inserted by S.I. 2004/3380.

Amendment of the Friendly Societies Act 1992U.K.

10.—(1) The Friendly Societies Act 1992 F19 is amended as follows.

(2) In section 69A F20 (duty to prepare individual accounts), in subsection (4), for “Council Directive 93/22/EEC on investment services in the securities field” substitute “ Directive 2004/39/EC of the European Parliament and of the Council of 21 April 2004 on markets in financial instruments ”.

(3) In section 69E F21 (duty to prepare group accounts), in subsection (5), for “Council Directive 93/22/EEC on investment services in the securities field” substitute “ Directive 2004/39/EC of the European Parliament and of the Council of 21 April 2004 on markets in financial instruments ”.

F20Section 69A was inserted by S.I. 2005/2211.

F21Section 69E was inserted by S.I. 2005/2211.

Amendment of the Judicial Pensions and Retirement Act 1993U.K.

11.  In section 10 of the Judicial Pensions and Retirement Act 1993 F22 (additional benefits from voluntary contributions), in subsection (8B), for “C of the Annex to the Investment Services Directive” substitute “ B of Annex I to the markets in financial instruments directive ”.

F221993 c.8; section 10(8B) was inserted by S.I. 2001/3649.

Amendment of the Data Protection Act 1998U.K.

12.  In Schedule 7 to the Data Protection Act 1998 F23 (miscellaneous exemptions), in paragraph 6(3), in the definition of “instrument”, for “section B of the Annex to the Council Directive on investment services in the securities field (93/22/EEC)” substitute “ section C of Annex I to Directive 2004/39/EC of the European Parliament and of the Council of 21 April 2004 on markets in financial instruments ”.

F231998 c. 29; the definition of “instrument” in paragraph 6(3) of Schedule 7 was amended by S.I. 2002/1555.

Amendment of the Competition Act 1998U.K.

13.  In Schedule 3 to the Competition Act 1998 F24 (general exclusions), in paragraph 3(5), in paragraph (a) of the definition of “EEA regulated market”, for “article 16 of Council Directive 93/22/EEC of 10th May 1993 on investment services in the securities field” substitute “ Article 47 of Directive 2004/39/EC of the European Parliament and of the Council of 21 April 2004 on markets in financial instruments ”.

Back to top

Options/Help

Print Options

Close

Legislation is available in different versions:

Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.

Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.

Close

See additional information alongside the content

Geographical Extent: Indicates the geographical area that this provision applies to. For further information see ‘Frequently Asked Questions’.

Show Timeline of Changes: See how this legislation has or could change over time. Turning this feature on will show extra navigation options to go to these specific points in time. Return to the latest available version by using the controls above in the What Version box.

Close

Opening Options

Different options to open legislation in order to view more content on screen at once

Close

Explanatory Memorandum

Explanatory Memorandum sets out a brief statement of the purpose of a Statutory Instrument and provides information about its policy objective and policy implications. They aim to make the Statutory Instrument accessible to readers who are not legally qualified and accompany any Statutory Instrument or Draft Statutory Instrument laid before Parliament from June 2004 onwards.

Close

More Resources

Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as enacted version that was used for the print copy
  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • correction slips
  • links to related legislation and further information resources
Close

Timeline of Changes

This timeline shows the different points in time where a change occurred. The dates will coincide with the earliest date on which the change (e.g an insertion, a repeal or a substitution) that was applied came into force. The first date in the timeline will usually be the earliest date when the provision came into force. In some cases the first date is 01/02/1991 (or for Northern Ireland legislation 01/01/2006). This date is our basedate. No versions before this date are available. For further information see the Editorial Practice Guide and Glossary under Help.

Close

More Resources

Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as made version that was used for the print copy
  • correction slips

Click 'View More' or select 'More Resources' tab for additional information including:

  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • links to related legislation and further information resources