The Financial Services (Disclosure of Information) (Designated Authorities) (No.3) Order 1987

• Citation: S.I. 1987/1141
• Sections: 3

Section 1 Citation and Commencement

This Order may be cited as the Financial Services (Disclosure of Information) (Designated Authorities) (No.3) Order 1987 and shall come into force on the day after it is laid before Parliament.

Section 2 Designation of authorities and specification of functions

For the purposes of section 180 of the Financial Services Act 1986 and section 449 of the Companies Act 1985—

(a) organs of the Society of Lloyd's, being organs constituted by or under the Lloyd’s Act 1982 , are designated as authorities in relation to their functions under the Lloyd’s Acts 1871—1982 and the bye-laws made thereunder of the Society of Lloyd's; and

(b) the tribunal established under the Prevention of Fraud (Investments) Act 1958 is designated as an authority in relation to its functions under that Act.

Section 3 Designation of authorities and specification of functions

For the purposes of section 180 of the Financial Services Act 1986 the Secretary of State is designated as an authority in relation to his functions under the Prevention of Fraud (Investments) Act 1958.