1. This Regulation applies to the provision of benchmarks, the contribution of input data to a benchmark and the use of a benchmark within the United Kingdom.
2. This Regulation shall not apply to:
(a) a central bank;
(b) a public authority, where it contributes data to, provides, or has control over the provision of, benchmarks for public policy purposes, including measures of employment, economic activity, and inflation;
(c) a central counterparty (CCP) as defined in Article 2(1) of Regulation (EU) No 648/2012 of 4 July 2012 of the European Parliament and of the Council on OTC derivatives, central counterparties and trade repositories as it forms part of retained EU law, where it provides reference prices or settlement prices used for CCP risk-management purposes and settlement;
(d) the provision of a single reference price for any financial instrument specified in Part 1 of Schedule 2 to the Regulated Activities Order [S.I. 2001/544. Part 1 of Schedule 2 was substituted by S.I. 2006
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