# The Alternative Investment Fund Managers Regulations 2013, Regulation 75: Closed-ended AIFs whose subscription period has closed


(1) This regulation applies to an AIFM in so far as immediately before 22nd July 2013 it manages an AIF—
(a) that is closed-ended;
(b) for which the subscription period for investors closed before 22nd July 2011; and
(c) that is constituted for a period that expires before 22nd July 2016.
(2) The AIFM need not apply for—
(a) permission under Part 4A of the Act to manage that AIF; or
(b) registration as a small registered UK AIFM in respect of that AIF.
(3) Subject to paragraph (4)—
(a) the AIFM need not comply with the implementing provisions in respect of that AIF; and
(b) amendments and modifications to other enactments made by these Regulations do not have effect in respect of that AIF or the AIFM’s management of it.
(4) From 22nd July 2014, the AIFM must comply with—
(a) provisions in Part 5 of these Regulations, and
(b) implementing provisions relating to Article 22 of the directive (annual report)
that would apply to it in respect of that AIF but for the preceding paragraphs of this regulation.

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Source: https://www.legislation.gov.uk/ukdsi/2013/9780111540206/regulation/75 (the official version)
Page: https://openlegislation.uk/draft-alternative-investment-fund-managers-regulations-2013/regulation-75
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.