# The Alternative Investment Fund Managers Regulations 2013, Regulation 23F: Procedure in relation to the revocation of registration of a qualifying social entrepreneurship fund or qualifying venture capital fund otherwise than by consent


(1) If the FCA proposes to revoke the registration of a qualifying social entrepreneurship fund or a qualifying venture capital fund otherwise than by consent, the FCA must give separate warning notices to the AIFM and the depositary of the qualifying social entrepreneurship fund or qualifying venture capital fund.
(2) If the FCA decides to revoke the registration of a qualifying social entrepreneurship fund or a qualifying venture capital fund otherwise than by consent—
(a) the FCA must give each of the AIFM and the depositary a decision notice; and
(b) either of them may refer the matter to the Tribunal.

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Source: https://www.legislation.gov.uk/uksi/2013/1773/regulation/23F (the official version)
Page: https://openlegislation.uk/alternative-investment-fund-managers-regulations-2013/regulation-23F
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.