{
  "url": "https://openlegislation.uk/collective-investment-schemes-amendment-etc-eu-exit-regulations-2019/regulation-17",
  "json_url": "https://openlegislation.uk/collective-investment-schemes-amendment-etc-eu-exit-regulations-2019/regulation-17.json",
  "legislation": "uksi/2019/325",
  "legislation_title": "The Collective Investment Schemes (Amendment etc.) (EU Exit) Regulations 2019",
  "legislation_url": "https://openlegislation.uk/collective-investment-schemes-amendment-etc-eu-exit-regulations-2019",
  "path": "regulation/17",
  "kind": "regulation",
  "number": "17",
  "heading": "Authorisation orders: holding of units",
  "text": "In section 261E (authorisation orders: holding of units), in the definition of “professional investor” in subsection (4), for “(1) to (4) of Section I of Annex II to the markets in financial instruments directive (professional clients for the purpose of that directive)” substitute “ (a) to (d) of paragraph 3 of Schedule 1 to the markets in financial instruments regulation ” .",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "M",
      "label": "M1",
      "text": "Section 261E was inserted by S.I. 2013/1388."
    },
    {
      "type": "M",
      "label": "M2",
      "text": "Schedule 1 to Regulation (EU) No. 600/2014 is inserted by S.I. 2018/."
    },
    {
      "type": "I",
      "label": "I1",
      "text": "Reg. 17 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2019/325/regulation/17",
    "retrieved_at": "2026-10-28T22:46:57.811322+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."
}