Paragraph 8 Financial Services and Markets Act 2000 (Exemption) Order 2001F1

The Financial Services and Markets Act 2000 (Exemption) Order 2001 M1 is amended as follows.

For article 5(1)(g) (persons exempt in respect of particular regulated activities) substitute—

“(ga)

article 51ZA (managing a UCITS);

(gb)

article 51ZB (acting as a trustee or depositary of a UCITS);

(gc)

article 51ZC (managing an AIF);

(gd)

article 51ZD (acting as a trustee or depositary of an AIF);

(ge)

article 51ZE (establishing etc. a collective investment scheme);”.

In paragraphs 44(1) and (2) and 45 of the Schedule (persons exempt in respect of particular regulated activities – charities and schemes established under the Trustee Investments Act 1961) for “article 51 of the Regulated Activities Order (establishing etc. a collective investment scheme)” substitute “ articles 51ZA to 51ZE of the Regulated Activities Order (managing or acting as trustee or depositary of a UCITS or an AIF, or establishing etc. a collective investment scheme) ”.