Part 1: Regulatory Framework Financial market infrastructure: piloting powers Section 17: Interpretation
Subsection (2) defines "appropriate regulator" as either the FCA or the Bank of England acting either independently or jointly in the operation and oversight of an FMI sandbox.
	Subsection (3) defines a relevant enactment for the purpose of the provisions and sections 16(6) and (7) provides HM Treasury with a power to amend the list of relevant enactment by way of the affirmative statutory instrument procedure.
	Subsection (4) provides the meanings for "FMI activities", "FMI participant", "FMI sandbox" and "FMI sandbox arrangements".
	Subsection (5) provides that "FMI entities" defined for the purpose of section 13(11) have the same meaning as in Part 18 of FSMA 2000.