{
  "url": "https://openlegislation.uk/draft-collective-investment-in-transferable-securities-contractual-scheme-regulations-2013/regulation-2",
  "json_url": "https://openlegislation.uk/draft-collective-investment-in-transferable-securities-contractual-scheme-regulations-2013/regulation-2.json",
  "legislation": "ukdsi/2013/9780111537756",
  "legislation_title": "The Collective Investment in Transferable Securities (Contractual Scheme) Regulations 2013",
  "legislation_url": "https://openlegislation.uk/draft-collective-investment-in-transferable-securities-contractual-scheme-regulations-2013",
  "path": "regulation/2",
  "kind": "regulation",
  "number": "2",
  "heading": "Interpretation",
  "text": "In these Regulations—\n“the 1986 Act” means the Insolvency Act 1986;\n“the 1989 Order” means the Insolvency (Northern Ireland) Order 1989;\n“authorised contract” has the meaning given in section 261M(1) of FSMA;\n“authorised contractual scheme” has the meaning given in section 237(3) of FSMA;\n“depositary” has the meaning given in section 237(2) of FSMA;\n“the FCA” means the Financial Conduct Authority;\n“FSMA” means the Financial Services and Markets Act 2000;\n“operator” has the meaning given in section 237(2) of FSMA;\n“participant” has the meaning given in section 235(2) of FSMA;\n“partnership scheme” has the meaning given in section 235A(5) of FSMA;\n“stand-alone co-ownership scheme” has the meaning given in section 237(8) of FSMA;\n“sub-scheme” has the meaning given in section 237(7) of FSMA;\n“umbrella co-ownership scheme” has the meaning given in section 237(5) of FSMA; and\n“units” has the meaning given in section 237(2) of FSMA.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "1986 c. 45."
    },
    {
      "type": "footnote",
      "label": "f2",
      "text": "S.I. 1989/2405 (N.I. 19)."
    },
    {
      "type": "footnote",
      "label": "f3",
      "text": "Section 261M is inserted by regulation 3(12) of these Regulations."
    },
    {
      "type": "footnote",
      "label": "f4",
      "text": "Section 237 was amended by S.I. 2011/1613 and by the Financial Services Act 2012 (c. 21), Schedule 18, paragraph 9(1) and (2)(a). This definition is inserted by regulation 3(6) of these Regulations."
    },
    {
      "type": "footnote",
      "label": "f5",
      "text": "2000 c. 8."
    },
    {
      "type": "footnote",
      "label": "f6",
      "text": "The definition of “the operator” in section 237(2) is amended by regulation 3(6)(b) of these Regulations."
    },
    {
      "type": "footnote",
      "label": "f7",
      "text": "Section 235A is inserted by regulation 3(5) of these Regulations."
    },
    {
      "type": "footnote",
      "label": "f8",
      "text": "Subsections (5) to (8) of section 237 are inserted by regulation 3(6)(d) of these Regulations."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2013/9780111537756/regulation/2",
    "retrieved_at": "2026-10-30T14:50:04.641604+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."
}