Investor Compensation Act, 1998

Amendment of section 2 of Act of 1994.

45.—Section 2 of the Act of 1994 is hereby amended by—

(a) the insertion of the following definitions:

“‘authorised investment business firm’ has the meaning assigned to it in section 2 of the Investor Compensation Act, 1998;”;

“‘investment business services’ has the meaning assigned to it in section 2 of the Investor Compensation Act, 1998;”, and

(b) the substitution of the following definition for the definition of legal services:

“‘legal services’ means services of a legal or financial nature provided by a solicitor arising from that solicitor's practice as a solicitor, and includes any part of such services; and, for the avoidance of doubt, includes any investment business services provided by a solicitor who is not an authorised investment business firm;”.