PART 2Amendments to the Act
CHAPTER 8Part 12 of the Act: control over authorised persons
Section 184 (disregarded holdings)I149
M1In section 184 (disregarded holdings)—
I2a
in subsection (4)—
i
in paragraph (a) M2, for the words from “article 4.1.7” to “directive” substitute “
article 2.1.6 of the markets in financial instruments regulation
”
;
ii
for paragraph (b), substitute—
b
has a Part 4A permission to carry on one or more investment services and activities;
I2b
in subsection (5), for “credit institution” substitute “
qualifying credit institution
”
;
I2c
in subsection (6)—
i
in the opening words and in paragraph (b)), for “credit institution” substitute “
qualifying credit institution
”
;
ii
in paragraph (a)(ii), omit the words from “in accordance with” to the end;
I1e
in subsection (9A) M4, for the words from “Commission” to “financial instruments” substitute “
the market abuse regulation and the Commission Delegated Regulation (EU) No. 1052/2016 of 8 March 2016 supplementing Regulation (EU) No. 596/2014 of the European Parliament and the Council with regard to the regulatory technical standards for conditions applicable to buy-back programmes and stabilisation measures
”
.