(1) In subsection (6) of section 3 of the Licensing (Alcohol Education and Research) Act 1981 (final accounts of authorities and powers of liquidators), for the definition of "securities" [The definition of "securities" was substituted by the Financial Services Act 1986, section 212(2), Schedule 16, paragraph 15.] substitute -

""securities" means -

(a) shares,

(b) instruments creating or acknowledging indebtedness,

(c) government and public securities,

(d) instruments giving entitlement to investments,

(e) certificates representing securities,

(f) units in a collective investment scheme,

(g) rights to, or interests in, any security of a kind mentioned in paragraphs (a) to (f).".

(2) After subsection (6) insert -

"(7) The definition of "securities" in subsection (6) must be read with -

(a) section 22 of the Financial Services and Markets Act 2000;

(b) any relevant order under that section; and

(c) Schedule 2 to that Act.".