Regulation 26 Disposal of LTIF assets

Article 21 (the heading to which becomes “Disposal of LTIF assets”) is amended as follows.

In paragraph 1, for “ELTIF” substitute “LTIF” in each place.

For paragraph 3 substitute—

“3.

The FCA may make technical standards specifying the criteria to be used for—

(a)

the assessments in point (a) of paragraph 2; and

(b)

the valuation in point (c) of that paragraph.”.