Regulation 50 Financial Services and Markets Act 2000 (Promotion of Collective Investment Schemes) (Exemptions) Order 2001I1

United Kingdom

(1)

The Financial Services and Markets Act 2000 (Promotion of Collective Investment Schemes) (Exemptions) Order 2001 M1 is amended as follows.

(2)

In article 3 omit paragraphs (f), (g) and (h) M2.

(3)

Omit article 5A M3.

(4)

In article 8—

(a)

in paragraph (1) M4, for “paragraphs (2) and (7)” substitute “ paragraph (2) ”.

(b)

omit paragraph 7 M5.

(5)

Omit article10A M6.

I2(6)

In article 16(3) M7—

(a)

after “European venture capital funds” insert “ as it had effect on the day on which the Collective Investment Schemes (Amendment etc.) (EU Exit) Regulations 2019 were made ”;

(b)

after “European social entrepreneurship funds” insert “ as it had effect on the day on which the Collective Investment Schemes (Amendment etc.) (EU Exit) Regulations 2019 were made ”.

(7)

Omit article 30.

Annotations

Marginal citations

M1: S.I. 2001/1060.
M2: Paragraphs (f), (g) and (h) were inserted by S.I. 2002/2157.
M3: Article 5A was inserted by S.I. 2002/2157 and amended by S.I. 2011/1265.
M4: Paragraph (1) was amended by S.I. 2002/2157.
M5: Paragraph (7) was inserted by S.I. 2002/2157.
M6: Article 10A was inserted by S.I. 2002/2157 and amended by S.I. 2003/2067 and S.I. 2011/1613.
M7: Article 16(3) was inserted by S.i. 2013/1773.

Commencement

I1: Reg. 50(1)-(5)(7) 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)
I2: Reg. 50(6) in force at 20.2.2019, see reg. 1(3)