Article 3 Amendments of the Financial Services and Markets Act 2000
(1) The Act is amended as follows.
(2) In section 1G (meaning of "consumer"), in subsection (1) -
(a) at the end of paragraph (c) omit "or"; and
(b) at the end of paragraph (d) insert -
", or
(e) have rights, interests or obligations that are affected by the level of a regulated benchmark".
(3) In section 1H (further interpretative provisions for sections 1B to 1G), after subsection (7) insert -
"(7A) "Regulated benchmark" means a benchmark, as defined in section 22(6), in relation to which any provision made under section 22(1A)(b) has effect".
(4) In section 425A [Inserted by sections 24(1) and (2) of and Schedule 2, Part 1, paragraphs 1 and 32 to the Financial Services Act 2010 (c. 28).] (consumers: regulated activities etc carried on by authorised persons) -