The Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001

The Local Authority (Stocks and Bonds) Regulations 1974 (S.I. 1974/519)

Interpretation of the 1974 Regulations

368.  In paragraph 3 of regulation 1(1) of the Local Authority (Stocks and Bonds) Regulations 1974 (Title, commencement and interpretation), in the definition of “negotiable bonds”, for “Part IV of the Financial Services Act 1986” substitute “Part 6 of the Financial Services and Markets Act 2000”.

(1)

The definition of “negotiable instrument” Regulation 1(3) was amended by S.I. 1991/2000, regulation 5(2), and modified by S.I. 2000/968, regulation 4.