(1) This Order may be cited as the Financial Services and Markets Act 2000 (Relevant Authorised Persons) Order 2015 and comes into force on 9th November 2015.

(2) In this Order -

"the Act" means the Financial Services and Markets Act 2000; and

"branch" means a place of business that forms a legally dependent part of a non-UK institution [''non-UK institution'' is defined section 71A(6)(b) of the Act.] and conducts directly all or some of the operations inherent in its business.