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Investment Exchanges and Clearing Houses Act 2006

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Citation
  
2006 c 55

Commencement
  
20 December 2006

Royal assent
  
19 December 2006

Investment Exchanges and Clearing Houses Act 2006

Long title
  
An Act to confer power on the Financial Services Authority to disallow excessive regulatory provision by recognised investment exchanges and clearing houses; and for connected purposes.

The Investment Exchanges and Clearing Houses Act 2006 (c 55) is an Act of the Parliament of the United Kingdom. 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).

Contents

Section 1 - Power of FSA to disallow excessive regulatory provision

This section inserts section 300A of the Financial Services and Markets Act 2000.

Section 2 - Procedural and other supplementary provisions

This section inserts sections 300B to 300E of the Financial Services and Markets Act 2000.

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.

References

Investment Exchanges and Clearing Houses Act 2006 Wikipedia