Citation, commencement and interpretation

1. —(1) This Order may be cited as the Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) Order 2011.

(2) This Order comes into force on 16th February 2011.

(3) In this Order—

“the Principal Order” means the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001( 2 ); and

“the Financial Promotion Order” means the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005( 3 ).

Amendment of the Principal Order

2. —(1) The Principal Order is amended as follows.

(2) In article 77 (instruments creating or acknowledging indebtedness)—

(a) in paragraph (1) omit “77A or”;

(b) in paragraph (2) omit sub-paragraph (e).

(3) In article 77A (alternative finance investment bonds) in paragraph (1) after “article” insert “77 or”.

Amendment of the Financial Promotion Order

3. —(1) The Financial Promotion Order is amended as follows.

(2) In Part 2 of Schedule 1—

(a) in paragraph 15(1) omit “15A or”;

(b) in paragraph 15(2) omit sub-paragraph (e);

(c) in paragraph 15A(1) after “paragraph” insert “15 or”.

Application of amendments

4. The instruments to which the amendments made by this Order apply from its commencement include existing instruments which fall within—

(a) article 77 or 77A of the Principal Order; or

(b) paragraph 15 or 15A of Schedule 1 to the Financial Promotion Order,

in each case as amended by this Order.