# The Collective Investment Schemes (Amendment etc.) (EU Exit) Regulations 2019, Regulation 17: Authorisation orders: holding of units


In section 261E (authorisation orders: holding of units), in the definition of “professional investor” in subsection (4), for “(1) to (4) of Section I of Annex II to the markets in financial instruments directive (professional clients for the purpose of that directive)” substitute “(a) to (d) of paragraph 3 of Schedule 1 to the markets in financial instruments regulation”.

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Source: https://www.legislation.gov.uk/ukdsi/2019/9780111177259/regulation/17 (the official version)
Page: https://openlegislation.uk/draft-collective-investment-schemes-amendment-etc-eu-exit-regulations-2019/regulation-17
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.