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

Publication Date:January 01, 2001
 
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2001No. 3649

FINANCIAL SERVICES AND MARKETS

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

9thNovember2001

9thNovember2001

ARRANGEMENT OF ORDER

PART 1

1.

Citation, commencement and transitional provisions

2.

Interpretation

3.

The principal repeals and revocations

PART 2

Companies Act 1985 (c. 6)

4.

Membership of holding company

5.

Meaning of "offer to the public"

6.

Purchase by company of its own shares: definition of "off-market" and "market" purchase

7.

Duty of company as to issue of certificates

8.

Disclosure of interests in shares: interests to be disclosed

9.

Disclosure of interests in shares: interests to be disregarded

10.

Disclosure of interests in shares: interpretation

11.

Limitations on exemptions for small and medium-sized companies in relation to accounts etc.

12.

Limitations on exemptions for small and medium-sized groups

13.

Limitations on exemptions for dormant companies

14.

Cases where exemptions not available

15.

Summary financial statements by listed public companies

16.

Meaning of "banking partnership"

17.

Other distributions by investment companies

18.

Realised profits of an insurance company with long term business

19.

Exceptions to rules relating to substantial property transactions involving directors

20.

Duty of company to notify recognised investment exchange of certain matters concerning directors notified to the company

21.

Investigation of share dealing

22.

Provision for security of information obtained

23.

Punishment for destroying etc documents of an authorised insurance company

24.

Disclosure of information by inspectors

25.

Production of documents subject to consumer confidentiality

26.

Companies to which section 460 applies

27.

Application of section 720 to insurers

28.

References to the Companies Acts in certain provisions to include references to the Financial Services and Markets Act 2000

29.

Meaning of "offer to the public", "banking company", "insurance company" and "authorised insurance company"

30.

Interpretation of the 1985 Act

31.

Table of defined expressions

32.

Form and content of company accounts

33.

Disclosure of information: emoluments and other benefits of directors and others

34.

Form and content of company accounts: small companies

35.

Meaning of "deposit-taking business", "chief executive" and "manager"

36.

Form and content of accounts of insurance companies and groups

37.

Share dealing by directors etc.: supplementary provision

Companies Consolidation (Consequential Provisions) Act 1985 (c. 9)

38.

Repeal of spent provisions

Company Directors Disqualification Act 1986 (c. 46)

39.

Disqualification after investigation of company

The Companies (Northern Ireland) Order 1986 (S.I. 1986/1032 (NI 6))

40.

Interpretation of the 1986 Order

41.

Table of defined expressions

42.

References to the Companies Orders in certain provisions to include references to the Financial Services and Markets Act 2000

43.

Meaning of "offer to the public", "banking company", "insurance company" and "authorised insurance company"

44.

Membership of holding company

45.

Repeal of unnecessary provisions

46.

Purchase by company of its own shares: definition of "off-market" and "market" purchase

47.

Duty of company as to issue of certificates

48.

Disclosure of interests in shares: interests to be disclosed

49.

Disclosure of interests in shares: interests to be disregarded

50.

Disclosure of interests in shares: interpretation

51.

Limitations on exemptions for small and medium-sized companies in relation to accounts etc.

52.

Limitations on exemptions for small and medium-sized groups

53.

Limitations on exemptions for dormant companies

54.

Cases where exemptions not available

55.

Summary financial statements by listed public companies

56.

Meaning of "banking partnership"

57.

Other distributions by investment companies

58.

Realised profits of an insurance company with long term business

59.

Exceptions to rules relating to substantial property transactions involving directors

60.

Duty of company to notify recognised investment exchange of certain matters concerning directors notified to the company

61.

Investigation of share dealing

62.

Provision for security of information obtained

63.

Punishment for destruction etc. of company documents

64.

Disclosure of information by inspectors

65.

Production of documents subject to customer confidentiality

66.

Companies to which Article 453 applies

67.

Application of Article 669 to insurers

68.

Form and content of company accounts

69.

Disclosure of information: emoluments and other benefits of directors and others

70.

Form and content of company accounts: small companies

71.

Meaning of deposit-taking business, chief executive and manager

72.

Form and content of accounts of insurance companies and groups

73.

Share dealing by directors etc.: supplementary provision

The Companies Consolidation (Consequential Provisions) (Northern Ireland) Order 1986 (S.I. 1986/1035 (NI 9))

74.

Revocation of spent provisions

Companies Act 1989 (c. 40)

75.

Repeal of spent or unnecessary provisions

76.

Requests for assistance by overseas regulatory authorities

77.

Exceptions from restrictions on disclosure of information

78.

Exercise of powers in relation to Northern Ireland

79.

Change in default rules of recognised investment exchange and clearing house

80.

Duty to report on completion of default proceedings

81.

Power to give directions

82.

Application to determine whether default proceedings to be taken

83.

Application of certain provisions for purposes of Part 7

84.

Application of Part 7 in relation to overseas investment exchanges and clearing houses

85.

Power to make provision about certain charges other than market charges

86.

Power to apply sections 177 to 180 to other cases

87.

Indemnity for certain acts

88.

Power of Treasury and Secretary of State to make further provision for purposes of Part 7

89.

Definitions for purposes of Part 7

90.

Transfer of securities

Companies (Northern Ireland) Order 1989 (S.I. 1989/2404 (NI 18))

91.

Disqualification after investigation of company

Companies (No.2) (Northern Ireland) Order 1990 (SI. 1990/1504 (NI 10))

92.

Repeal of spent or unnecessary provisions

93.

Duty to report on completion of default proceedings

94.

Power to give directions

95.

Application to determine whether default proceedings to be taken

96.

Application of Part 5 in relation to overseas investment exchanges and clearing houses

97.

Power to make provision about certain charges other than market charges

98.

Power to apply Articles 99 to 102 to other cases

99.

Indemnity for certain acts

100.

Power of Secretary of State to make further provision for purposes of Part 5

101.

Definitions for purposes of Part 5

PART 3

Fire Services Act 1947 (c. 41)

102.

Information in connection with firemen's pensions

Judicial Pensions Act (Northern Ireland) 1951 (c. 20)

103.

Additional voluntary contributions

County Courts Act (Northern Ireland) 1959 (c. 25)

104.

Additional voluntary contributions

Resident Magistrates' Pensions Act (Northern Ireland) 1960 (c. 2)

105.

Additional voluntary contributions

Superannuation Act 1972 (c. 11)

106.

Authorised providers in relation to superannuation schemes for civil servants etc.

107.

Authorised providers in relation to superannuation schemes for teachers

108.

Authorised providers in relation to superannuation schemes for persons engaged in health services, etc.

Police Pensions Act 1976 (c. 35)

109.

Information in connection with police officers' pensions

Judicial Pensions Act 1981 (c. 20)

110.

Voluntary contributions by members of judicial pension scheme

The Judicial Pensions (Northern Ireland) Order 1991 (S.I. 1991/2631 (NI 24))

111.

Judicial pensions: transfer of accrued benefits

Judicial Pensions and Retirement Act 1993 (c. 8)

112.

Voluntary contributions by persons to whom Part 1 of the Act applies

113.

Retirement date for holders of judicial offices etc.: repeal of references to old tribunals

114.

Judicial pensions: transfer of accrued benefits

115.

Repeal of spent amendments

Pension Schemes Act 1993 (c. 48)

116.

Discharge of guaranteed minimum pension secured by insurance policies or annuity contracts

117.

Ways of giving effect to the protected rights: the pension and annuity requirements

118.

Discharge of protected rights on winding up: insurance policies

119.

Alteration of rules of appropriate schemes: permitted form of scheme

120.

Entitlement to guaranteed minimum pensions: treatment of entitlements

121.

Ways of taking rights to cash equivalent: members of occupational pension schemes

122.

Cash equivalent: authorised purposes for transfer notice

123.

Procedure on an investigation by the Pensions Ombudsman

124.

Disclosure of information by the Secretary of State

125.

Determination of questions by the Secretary of State

126.

Interpretation of expressions relating to insurance

127.

Interpretation: Financial Services Compensation Scheme

128.

Consultation on regulations concerning pension business of friendly societies

Pension Schemes (Northern Ireland) Act 1993 (c. 49)

129.

Discharge of guaranteed minimum pension secured by insurance policies or annuity contracts

130.

Ways of giving effect to the protected rights: the pension and annuity requirements

131.

Discharge of protected rights on winding up: insurance policies

132.

Alteration of rules of appropriate schemes: permitted form of scheme

133.

Ways of taking rights to cash equivalent: members of occupational pension schemes

134.

Cash equivalent: authorised purposes for transfer notice

135.

Procedure on an investigation by the Pensions Ombudsman

136.

Disclosure of information by the Department

137.

Interpretation of expressions relating to insurance

138.

Consultation on regulations concerning pension business of friendly societies

Pensions Act 1995 (c. 26)

139.

Occupational...

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