# The Financial Services and Markets Act 2000 (Amendment) (EU Exit) Regulations 2019, Regulation 134: Article 51ZD (acting as trustee or depositary of an AIF)


(1) Article 51ZD (acting as trustee or depositary of an AIF) is amended as follows.
(2) In paragraph (2) omit sub-paragraph (b) and the preceding “or”.
(3) In paragraph (3), for sub-paragraph (a) substitute—
“(a) a person appointed as a depositary by the AIFM in compliance with a requirement imposed by rule 3.11.10, 3.11.12 or 3.11.33 of the Investment Funds sourcebook; or”.

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Source: https://www.legislation.gov.uk/ukdsi/2019/9780111179970/regulation/134 (the official version)
Page: https://openlegislation.uk/draft-financial-services-and-markets-act-2000-amendment-eu-exit-regulations-2019/regulation-134
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.