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Regulation 2 Interpretation

In these Regulations—

  • “the 1986 Act” means the Insolvency Act 1986 M1;

  • “the 1989 Order” means the Insolvency (Northern Ireland) Order 1989 M2;

  • “authorised contract” has the meaning given in section 261M(1) of FSMA M3;

  • “authorised contractual scheme” has the meaning given in section 237(3) of FSMA M4;

  • “depositary” has the meaning given in section 237(2) of FSMA;

  • “the FCA” means the Financial Conduct Authority;

  • “FSMA” means the Financial Services and Markets Act 2000 M5;

  • “operator” has the meaning given in section 237(2) of FSMA M6;

  • “participant” has the meaning given in section 235(2) of FSMA;

  • “partnership scheme” has the meaning given in section 235A(5) of FSMA M7;

  • “stand-alone co-ownership scheme” has the meaning given in section 237(8) of FSMA M8;

  • “sub-scheme” has the meaning given in section 237(7) of FSMA;

  • “umbrella co-ownership scheme” has the meaning given in section 237(5) of FSMA; and

  • “units” has the meaning given in section 237(2) of FSMA.

Annotations

Marginal citations

M1

1986 c. 45.

M2

S.I. 1989/2405 (N.I. 19).

M3

Section 261M is inserted by regulation 3(12) of these Regulations.

M4

Section 237 was amended by S.I. 2011/1613 and by the Financial Services Act 2012 (c. 21), Schedule 18, paragraph 9(1) and (2)(a). This definition is inserted by regulation 3(6) of these Regulations.

M5

2000 c. 8.

M6

The definition of “the operator” in section 237(2) is amended by regulation 3(6)(b) of these Regulations.

M7

Section 235A is inserted by regulation 3(5) of these Regulations.

M8

Subsections (5) to (8) of section 237 are inserted by regulation 3(6)(d) of these Regulations.

Notes on the whole SI

Textual amendments

F1

Regulations revoked (14.12.2023 for the revocation of reg. 25) 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)(iv)