The Financial Services Act 1986 (Investment Services) (Extension of Scope of Act) Order 1995
The Order makes amendments to the scope of the Financial Services Act 1986 (“the Act”) required to give effect to Council Directive No. 93/22/EEC on investment services in the securities field (OJ No. L 141, 10.5.93, p. 27). In so far as other legislative provision is needed to implement the provisions of the directive, this is contained in the Act, in an Order to be made under section 46 of the Act and in Regulations to be made under section 2(2) of the European Communities Act 1972. The Order comes into force on 1 January 1996.