{
  "url": "https://openlegislation.uk/draft-investment-bank-amendment-of-definition-and-special-administration-amendment-regulations-2017/regulation-3",
  "json_url": "https://openlegislation.uk/draft-investment-bank-amendment-of-definition-and-special-administration-amendment-regulations-2017/regulation-3.json",
  "legislation": "ukdsi/2017/9780111153222",
  "legislation_title": "The Investment Bank (Amendment of Definition) and Special Administration (Amendment) Regulations 2017",
  "legislation_url": "https://openlegislation.uk/draft-investment-bank-amendment-of-definition-and-special-administration-amendment-regulations-2017",
  "path": "regulation/3",
  "kind": "regulation",
  "number": "3",
  "heading": "Amendment of the Banking Act 2009 in consequence of regulation 2",
  "text": "In section 232 of the Banking Act 2009 (definition of “investment bank”)—\n(a) in subsection (2) after paragraph (a) insert—\n“(aa) managing an AIF or a UCITS,\n(ab) acting as trustee or depositary of an AIF or a UCITS,”; and\n(b) after subsection (2) insert—\n“(2A) Subsection (2) must be read with section 22 of the Financial Services and Markets Act 2000, taken with Schedule 2 to that Act and any order under section 22.”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "See the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 (S.I. 2001/544), as amended by S.I. 2013/1773 (for the activity of managing an AIF or a UCITS see articles 51ZA and 51ZC, and for the activity of acting as trustee or depositary of an AIF or a UCITS see articles 51ZB and 51ZD)."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2017/9780111153222/regulation/3",
    "retrieved_at": "2026-10-30T15:07:11.020007+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."
}