13 Testing of FMI technologies or practices

Financial market infrastructure: piloting powers

13  Testing of FMI technologies or practices

(1)     The Treasury may by regulations make provision for the purposes of—

(a)     testing, for a limited period, the efficiency or effectiveness of the carrying on of FMI activities in a particular way, and

(b)     assessing whether or how relevant enactments should apply in relation to FMI activities carried on in that way.

(2)     The reference in subsection (1)(a) to FMI activities being carried on in a particular way includes a reference to—

(a)     the use of developing technology in the carrying on of FMI activities;

(b)     the adoption of new or different practices in the carrying

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