Regulation 10 The Financial Services and Markets Act 2000 (Promotion of Collective Investment Schemes) (Exemptions) Order 2001

(1)

The Financial Services and Markets Act 2000 (Promotion of Collective Investment Schemes) (Exemptions) Order 2001^f1 is amended as follows.

(2)

In article 2 (interpretation: general), in paragraph (1)—

(a)

for the definition of “authorised unit trust scheme” substitute—

““authorised contractual scheme” and “authorised unit trust scheme” have the meaning given in section 237(3) of the Act;”; and

(b)

in the definition of “unregulated scheme”, after “authorised unit trust scheme” insert “nor an authorised contractual scheme”.

Annotations

f1: S.I. 2001/1060, to which there are amendments not relevant to these Regulations.