| Amendments proposed to the Financial Services and Markets Bill - continued | House of Commons |
| back to previous text | |
|
Mr David Heathcoat-Amory 108 Clause 26, page 11, line 19, after 'may' insert 'determine that no compensation is recoverable and'.
Mr David Heathcoat-Amory 109 Clause 26, page 11, line 21, after 'enforced' insert 'by the provider'.
Mr David Heathcoat-Amory 110 Clause 26, page 11, line 22, after 'agreement' insert 'by the purchaser'.
Mr David Heathcoat-Amory 135 Clause 26, page 11, line 26, leave out from 'retained' to end of line 32.
Mr David Heathcoat-Amory 193 Clause 26, page 11, line 33, leave out 'purchaser' and insert 'counterparty'.
Mr David Heathcoat-Amory 136 Clause 27, page 12, line 26, leave out from 'that' to end of line 44 and insert 'it is just and equitable to do so.'.
Mr David Heathcoat-Amory 111 Clause 27, page 12, line 26, after 'applies' insert 'or that it is just and equitable to do so where the person making the communication or causing it to be made believed on reasonable grounds that the contents of the communication had been approved by an authorised person'.
Mr David Heathcoat-Amory 194 Clause 28, page 13, line 22, at end insert—
Mr David Heathcoat-Amory 168 Schedule 3, page 196, line 28, at end insert '; and
Mr David Heathcoat-Amory 169 Schedule 3, page 198, line 19, at end insert 'applicable to it'.
Mr David Heathcoat-Amory 170 Schedule 3, page 198, line 28, after 'which', insert 'the'.
Mr David Heathcoat-Amory 171 Schedule 3, page 199, line 40, leave out '13 or 14' and insert '12(a) or 12(b)'.
Mr David Heathcoat-Amory 172 Schedule 3, page 199, line 43, leave out 'through its United Kingdom branch or' and insert 'in the case of paragraph 12(a), through its United Kingdom branch or, in the case of paragraph 12(b),'.
Mr David Heathcoat-Amory 173 Schedule 3, page 200, line 16, at end insert—
'Consequential amendments 17A. If the Treasury prescribe other directives for the purposes of paragraph 1, it may make such consequential amendments to this Schedule in relation to the EEA rights granted by any such directive as, in their opinion, are necessary or desirable.'.
Mr David Heathcoat-Amory 174 Schedule 3, page 200, line 27, at end insert 'identifying the single market directive under which each relevant activity is authorised'.
Mr David Heathcoat-Amory 160 Schedule 3, page 202, line 17, at end insert 'except where under the relevant single market directive regulation is primarily the responsibility of the host state regulator.'.
Mr David Heathcoat-Amory 161 Schedule 4, page 203, line 12, after 'right', insert ', or is not able to use the EEA right it has,'.
Mr David Heathcoat-Amory 175 Schedule 4, page 203, line 22, after 'Schedule', insert 'and subject to paragraph 5 below'.
Mr David Heathcoat-Amory 176 Clause 29, page 13, line 32, after 'firm', insert 'or other person'.
Mr David Heathcoat-Amory 177 Clause 29, page 13, line 34, after 'firm', insert 'or other person'.
Mr David Heathcoat-Amory 178 Clause 29, page 13, line 36, after 'firm', insert 'or the members of that person'.
Mr Andrew Smith 195 Clause 33, page 14, line 29, leave out 'UCITS' and insert 'Part XVI'.
Mr Andrew Smith 196 Clause 33, page 14, line 30, leave out 'UCITS' and insert 'Part XVI'.
Mr David Heathcoat-Amory 212 *Clause 33, page 14, line 30, at end insert—'(1A) The Authority may cancel the permission of a UCITS qualifier under Schedule 5 (unless it is a permission resulting from the UCITS directive or any similar EU directive) as if it was a Part IV permission and a UCITS qualifier ceases to qualify for authorisation under Schedule 5 if the Authority does so cancel it.'
Mr Andrew Smith 197 Clause 33, page 14, line 31, leave out 'UCITS' and insert 'Part XVI'.
Mr Andrew Smith 198 Clause 33, page 14, line 33, leave out 'UCITS' and insert 'Part XVI'.
Mr Andrew Smith 199 Clause 33, page 14, line 34, leave out subsection (3).
Mr Andrew Smith 206 Schedule 5, page 204, line 10, at beginning insert 'recognised'.
Mr Andrew Smith 207 Schedule 5, page 204, line 11, leave out from 'Kingdom' to 'qualifies' in line 13.
Mr Andrew Smith 208 Schedule 5, page 204, line 14, leave out sub-paragraph (2) and insert—'(2) "Recognised" means recognised by virtue of section 235.'.
Mr David Heathcoat-Amory 162 Schedule 5, page 204, line 17, leave out 'within the meaning of' and insert 'subject to'.
Mr David Heathcoat-Amory 213 *Schedule 5, page 204, line 18, at end insert—'(aa) the relevant person has no EEA right to carry on the relevant activity or is not able to use the EEA right it has to carry on that activity; and'.
Mr David Heathcoat-Amory 214 *Schedule 5, page 204, line 19, at end insert '(including a provision requiring notification to the Authority)'.
Mr Andrew Smith 236 *Schedule 5, page 204, line 19, at end insert—'(3) An operator of an authorised open-ended investment company qualifies for authorisation.'.
Mr Andrew Smith 237 *Schedule 5, page 204, line 19, at end insert—'( ) A person who qualifies for authorisation under this paragraph is referred to in this Act as "a Part XVI qualifier".'.
Mr Andrew Smith 238 *Schedule 5, page 204, line 21, leave out '("a UCITS qualifier")' and insert '(1)'.
|
| |
| ©Parliamentary copyright 1998 | Prepared 19 Oct 1999 |