{
  "url": "https://openlegislation.uk/collective-investment-schemes-amendment-etc-eu-exit-regulations-2019/regulation-56",
  "json_url": "https://openlegislation.uk/collective-investment-schemes-amendment-etc-eu-exit-regulations-2019/regulation-56.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/56",
  "kind": "regulation",
  "number": "56",
  "heading": "Financial Services (Distance Marketing) Regulations 2004",
  "text": "In the Financial Services (Distance Marketing) Regulations 2004 , in regulation 4—\n(a) in paragraph (5)—\n(i) for the words from “recognised scheme” to “EEA States)” substitute “ relevant recognised scheme ”;\n(ii) after “capacity” insert “ , by virtue of regulation 72(2) of the Collective Investment Schemes (Amendment etc.) (EU Exit) Regulation 2019 (“the 2019 Regulations”) (temporary authorisation of operator, trustee or depositary of recognised scheme) ”;\n(b) for paragraph (6) substitute—\n“(6) In paragraph (5)—\n“operator”, “trustee” and “depositary” have the same meanings as in Part 17 of the 2000 Act (see section 237 of that Act);\n“relevant recognised scheme” means a stand-alone scheme or sub-fund (within the meaning of Part 6 of the 2019 Regulations) that is a recognised scheme by virtue of regulation 62 of the 2019 Regulations (temporary recognition for EEA UCITS or sub-fund of EEA UCITS).”.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "M",
      "label": "M1",
      "text": "S.I. 2004/2095"
    },
    {
      "type": "I",
      "label": "I1",
      "text": "Reg. 56 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/56",
    "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."
}