(1) The European Communities (Markets in Financial Instruments) Regulations 2007 are revoked on 3 January 2018.
(2) References to, or to any provision of, those Regulations in any enactment have effect on and after that date as references to the corresponding provision of, or to, these Regulations or Regulation (EU) No 600/2014.
(3) References to terms as defined in those Regulations in any enactment have effect on and after that date as references to the equivalent terms defined in these Regulations or Regulation (EU) No 600/2014.