Bond Washing

Part of New Clause 19 – in the House of Commons at 3:46 pm on 15th July 1991.

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(2) At the end of that section there shall be added— (7) For the purposes of subsection (2A) above—prescribed" means prescribed in regulations made by the Treasury;recognised clearing house" means a recognised clearing house within the meaning of the Financial Services Act 1986;recognised investment exchange" means a recognised investment exchange within the meaning of that Act.".'.— [Mr. Maude.]