Finance (No.2) Act 2023

Amendment of section 75 of Principal Act (relief for intermediaries)

75. Section 75 of the Principal Act is amended, in subsection (1), by the substitution of the following definition for the definition of “Directive”:

“ ‘Directive’ means Directive 2014/65/EU of the European Parliament and of the Council of 15 May 201418 on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU;”.

18 OJ No. L173, 12.6.2014, p.349