Section 425A(7)

In this section— ... “regulated benchmark” means a benchmark, as defined in section 22 ... (6A), in relation to which any provision made under section 22(1A) ... (c) has effect. “relevant ancillary service” means any service of a kind mentioned in Part 3A of Schedule 2 to the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 (S.I. 2001/544) the provision of which does not involve the carrying on of a regulated activity.

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Source: legislation.gov.uk · retrieved 2026-09-04