The Financial Services and Markets Act 2000 (Prescribed Markets and Qualifying Investments) Order 2001

• Citation: S.I. 2001/996
• Sections: 5

Section 1 Citation

This Order may be cited as the Financial Services and Markets Act 2000 (Prescribed Markets and Qualifying Investments) Order 2001.

Section 2 Commencement

This Order comes into force on the day on which section 123 of the Act (power to impose penalties in cases of market abuse) comes into force.

Section 3 Interpretation

In this Order—

“the Act” means the Financial Services and Markets Act 2000; and

“ UK recognised investment exchange” means a body corporate or unincorporated association in respect of which there is in effect a recognition order made under section 290(1)(a) of the Act (recognition orders in respect of investment exchanges other than overseas investment exchanges).

Section 4 Prescribed markets

There are prescribed, as markets to which section 118 of the Act applies, all markets which are established under the rules of a UK recognised investment exchange.

Section 5 Qualifying investments

There are prescribed, as qualifying investments in relation to the markets prescribed by article 4, all investments of a kind specified for the purposes of section 22 of the Act.