HL Deb 27 March 1980 vol 407 c1150

220H After subsection (3) insert— (" (3A) For the purposes of this Part of this Act, an off-market dealer shall be taken to make a market in any securities if in the course of his business as an off-market dealer he holds himself out both to prospective buyers and to prospective sellers of those securities (other than particular buyers or sellers) as willing to deal in them otherwise than on a recognised stock exchange.").


My Lords, may I formally move Amendment No. 220H, which is strictly to define the off market dealer.

Moved, That this House doth agree with the said amendment.—(Viscount Trenchard.)

On Question, Motion agreed to.

On Question, Commons Amendment No. 220, as amended by Lords Amendment No. 220H, agreed to.