{
  "url": "https://openlegislation.uk/alternative-investment-fund-managers-regulations-2013/regulation-23H",
  "json_url": "https://openlegislation.uk/alternative-investment-fund-managers-regulations-2013/regulation-23H.json",
  "legislation": "uksi/2013/1773",
  "legislation_title": "The Alternative Investment Fund Managers Regulations 2013",
  "legislation_url": "https://openlegislation.uk/alternative-investment-fund-managers-regulations-2013",
  "path": "regulation/23H",
  "kind": "regulation",
  "number": "23H",
  "heading": "Procedure in relation to the refusal of an application for MMF authorisation",
  "text": "(1) If the FCA proposes to refuse an application made in respect of an AIF for authorisation as an MMF under Article 5 of the MMF Regulation, it must give the applicant a warning notice.\n(2) If the FCA decides to refuse an application—\n(a) it must give the applicant a decision notice; and\n(b) the applicant may refer the matter to the Tribunal.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Regulations revoked (14.12.2023 for the revocation of reg. 79) by Financial Services and Markets Act 2023 (c. 29), s. 86(3), Sch. 1 Pt. 2 (with s. 1(4)); S.I. 2023/1382, reg. 2(c)(vi)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Pt. 3C inserted (28.6.2018 for specified purposes, 21.7.2018 in so far as not already in force) by The Money Market Funds Regulations 2018 (S.I. 2018/698), regs. 1(2), 4(3)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2013/1773/regulation/23H",
    "retrieved_at": "2026-10-29T00:47:39.456479+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}