(1) This Order may be cited as the Financial Services and Markets Act 2000 (Carrying on Regulated Activities by Way of Business) Order 2001, and comes into force on the day on which section 19 of the Financial Services and Markets Act 2000 comes into force.

(2) In this Order -

(a) the "Regulated Activities Order" means the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 [S.I. 2001/544.];

(b) "contract of insurance","contractually based investment", "deposit", "overseas person" and "security" have the same meaning as in that Order;

(c) "shares" and "debentures" mean any investment of the kind specified by article 76, 77 or 77A of that Order;

(d) "units in a collective investment scheme" means any investment of the kind specified by article 81 of that Order;