Investment Exchanges and Clearing Houses Act 2006
Encyclopedia
The Investment Exchanges and Clearing Houses Act 2006 (c 55) is an Act
Acts of Parliament in the United Kingdom
An Act of Parliament in the United Kingdom is a type of legislation called primary legislation. These Acts are passed by the Parliament of the United Kingdom at Westminster, or by the Scottish Parliament at Edinburgh....

 of the Parliament of the United Kingdom
Parliament of the United Kingdom
The Parliament of the United Kingdom of Great Britain and Northern Ireland is the supreme legislative body in the United Kingdom, British Crown dependencies and British overseas territories, located in London...

. It was intended to meet concerns that recognised investment exchanges and clearing houses might introduce excessive regulation. This Act is amended by articles 3 and 6 the Treaty of Lisbon (Changes in Terminology) Order 2011 (S.I. 2011/1043).

Section 1 - Power of FSA to disallow excessive regulatory provision

This section inserts section 300A of the Financial Services and Markets Act 2000
Financial Services and Markets Act 2000
The Financial Services and Markets Act 2000 is an Act of the Parliament of the United Kingdom that created the Financial Services Authority as a regulator for insurance, investment business and banking.-Outline:...

.

Section 2 - Procedural and other supplementary provisions

This section inserts sections 300B to 300E of the Financial Services and Markets Act 2000
Financial Services and Markets Act 2000
The Financial Services and Markets Act 2000 is an Act of the Parliament of the United Kingdom that created the Financial Services Authority as a regulator for insurance, investment business and banking.-Outline:...

.

Section 3 - Interim power to give directions about notification

This section ceased to have effect on 19 December 2007.

Section 4 - Consequential amendment of grounds for refusing recognition

This section inserts section 290A of the Financial Services and Markets Act 2000
Financial Services and Markets Act 2000
The Financial Services and Markets Act 2000 is an Act of the Parliament of the United Kingdom that created the Financial Services Authority as a regulator for insurance, investment business and banking.-Outline:...

.

External links

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
x
OK