4.—(1) The Finance Act 1986 M1 is amended as follows.

(2) In section 84 (miscellaneous exemptions), in subsection (3)(a)—

(a)after “recognised clearing house” in the first place it occurs insert “ , a recognised CSD, an EEA CSD or a third country CSD ”;

(b)after “recognised clearing house” in the second place it occurs insert “ , a recognised CSD, an EEA CSD or a third country CSD ”.

(3) In section 85 (supplementary) for subsection (5)(c) substitute—

“(c)“recognised clearing house”, “recognised CSD”, “EEA CSD” and “third country CSD” have the meanings given by section 285(1)(b), (e), (f) and (g) of the Financial Services and Markets Act 2000.”.