Amendment of section 424A
This section has no associated Explanatory Memorandum
21. In section 424A(1) (investment firm), for subsection (3) substitute—
“(3) References in this Act to an “investment firm” include references to a person who would be an investment firm (within the meaning of Article 4.1.1 of the markets in financial instruments directive) if—
(a)in the case of a body corporate, his registered office or, if he has no registered office, his head office, and
(b)in the case of a person other than a body corporate, his head office,
were in an EEA State.”.
(1)
Section 424A was inserted by S.I. 2006/2975.