Schedule 17A, Part 2, paragraph 9B(6)
FSMA 2000
Financial Services and Markets Act 2000 · United Kingdom
The power conferred by sub-paragraph (1) may not be exercised so as to restrict or prohibit discretionary payments to employees or shareholders of a recognised central counterparty (and for this purpose “discretionary payment” has the meaning given by paragraph 13(11) of Schedule 11 to the Financial Services and Markets Act 2023 and “employee” has the meaning given by paragraph 154 of that Schedule).
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Source: legislation.gov.uk · retrieved 2026-09-04