Schedule 2, paragraph 5

This paragraph applies to— a spot contract, and a master agreement for spot contracts. “Spot contract” has the meaning given by Article 7(2) or 10(2) of Commission Delegated Regulation of 25.4.2016 supplementing Directive 2014/65/EU of the European Parliament and of the Council as regards organisational requirements and operating conditions for investment firms and defined terms for the purposes of that Directive.

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