170 Certain overseas exchanges and clearing houses

Other exchanges and clearing houses

170  Certain overseas exchanges and clearing houses

[(1)     The Secretary of State and the Treasury may by regulations provide that this Part applies in relation to contracts connected with an overseas investment exchange or overseas clearing house which—

(a)     is not a recognised investment exchange or recognised clearing house, but

(b)     is approved by the Treasury in accordance with such requirements as may be so specified,

as it applies in relation to contracts

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