This note is not part of the order, but is intended to indicate its general effect.

This order brings certain machinery provisions of the Financial Advisers Act 2008 into force on 5 December 2008, in advance of the commencement of the main Act. The relevant provisions are—

• the preliminary provisions in Part 1:

• certain other outline and interpretation provisions, for example, about who are financial advisers and what is financial advice:

• provisions relating to the Commissioner for Financial Advisers and to the committee that has the function of producing a code of professional conduct for financial advisers:

• certain regulation-making and fee-making powers:

• certain amendments to the Securities Act 1978 in relation to the functions and membership of the Securities Commission.