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United Kingdom Statutory Instruments |
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You are here: BAILII >> Databases >> United Kingdom Statutory Instruments >> The Financial Services Act 1986 (Miscellaneous Exemptions) Order 1994 No. 1517 URL: http://www.bailii.org/uk/legis/num_reg/1994/uksi_19941517_en.html |
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Statutory Instruments
FINANCIAL SERVICES
Made
8th June 1994
Laid before Parliament
9th June 1994
Coming into force
1st July 1994
1. This Order may be cited as the Financial Services Act 1986 (Miscellaneous Exemptions) Order 1994 and shall come into force on 1st July 1994.
2. Each of the following persons shall be an exempted person to the extent specified in relation to that person-
(a)the Church of Scotland Trust when acting in the exercise of its functions under the Church of Scotland Trust Orders of 1932 to 1985(3) and the Church of Scotland (Properties and Investments) Order 1994(4);
(b)the Church of Scotland Investors Trust when acting in the exercise of its functions under the Church of Scotland (Properties and Investments) Order 1994.
3. Paragraph 7 of Schedule 2 to the Financial Services Act 1986 (Miscellaneous Exemptions) Order 1988(5) is hereby revoked.
Tim Wood
Andrew Mackay
Two of the Lords Commissioners of Her Majesty's Treasury
8th June 1994
(This note is not part of the Order)
This Order provides for certain exemptions from the provisions of the Financial Services Act 1986 additional to those specified in Chapter IV of Part I of that Act. The persons specified are exempted to the extent specified in the Order from the requirement to obtain authorisation under the Act in respect of any investment business they carry on.
