Statutory Instruments
2001 No. 2510
FINANCIAL SERVICES AND MARKETS
The Financial Services and Markets Act 2000 (Gaming Contracts) Order 2001
Made
12th July 2001
Laid before Parliament
13th July 2001
Coming into force
in accordance with article 1
The Treasury, in exercise of the powers conferred upon them by section 412(2) and (6) of the Financial Services and Markets Act 2000( 1 ) (“the Act”), hereby make the following Order:
1. This Order may be cited as the Financial Services and Markets Act 2000 (Gaming Contracts) Order 2001 and comes into force on the day on which section 19 of the Act comes into force.
2. —(1) Any activity of the kind—
(a) specified by article 14 or 21 of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001( 2 ) (“the Regulated Activities Order”) (dealing in investments as principal or agent);
(b) specified by article 64 of that Order (agreeing to carry on specified kinds of activity), so far as relevant to either of those articles; or
(c) which would be so specified apart from any exclusion from any of those articles made by that Order;
is specified for the purposes of paragraph (b) of subsection (2) of section 412 of the Act (contracts not to be void or unenforceable because of the law relating to gaming).
(2) The class of investment consisting of securities and contractually based investments (within the meaning of the Regulated Activities Order) is specified for the purposes of paragraph (c) of subsection (2) of that section.
Nick Ainger
Tony McNulty
Two of the Lords Commissioners of Her Majesty’s Treasury
12th July 2001