# The Long-term Investment Funds (Amendment) (EU Exit) Regulations 2019, Regulation 10: Applicable rules and liability


(1) Article 7 (applicable rules and liability) is amended as follows.
(2) In paragraph 1, for “ELTIF” substitute “LTIF”.
(3) In paragraphs 2 and 3—
(a) for “ELTIF” substitute “LTIF” in each place;
(b) for “Directive 2011/61/EU” substitute “the AIFM Regulations, rules made by the FCA for the purpose of implementing Directive 2011/61/EU and any EU Regulation made under that Directive that forms part of retained EU law”.

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Source: https://www.legislation.gov.uk/ukdsi/2019/9780111177266/regulation/10 (the official version)
Page: https://openlegislation.uk/draft-long-term-investment-funds-amendment-eu-exit-regulations-2019/regulation-10
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.