{
  "url": "https://openlegislation.uk/draft-long-term-investment-funds-amendment-eu-exit-regulations-2019/regulation-28",
  "json_url": "https://openlegislation.uk/draft-long-term-investment-funds-amendment-eu-exit-regulations-2019/regulation-28.json",
  "legislation": "ukdsi/2019/9780111177266",
  "legislation_title": "The Long-term Investment Funds (Amendment) (EU Exit) Regulations 2019",
  "legislation_url": "https://openlegislation.uk/draft-long-term-investment-funds-amendment-eu-exit-regulations-2019",
  "path": "regulation/28",
  "kind": "regulation",
  "number": "28",
  "heading": "Transparency",
  "text": "(1) Article 23 (transparency) is amended as follows.\n(2) In paragraph 1—\n(a) for “ELTIF” substitute “LTIF” in both places;\n(b) for “Union” substitute “UK” in both places.\n(3) In paragraph 3—\n(a) in point (a), for “ELTIF’s” substitute “LTIF’s”;\n(b) in point (b), for “Directive 2003/71/EC” substitute “prospectus rules within the meaning of Part 6 of FSMA (official listing) contained in rules made by the FCA under section 73A of FSMA (Part 6 rules)”;\n(c) in point (c), for “Article 23 of Directive 2011/61/EU” substitute “section 3.2 of Chapter 3 of the Investment Funds sourcebook”;\n(d) in points (d) and (e), for “ELTIF” substitute “LTIF” in both places;\n(e) in point (f), for “competent authorities” substitute “FCA”.\n(4) In paragraph 4—\n(a) for “ELTIF” substitute “LTIF” in each place;\n(b) in point (a), for “ELTIF’s” substitute “LTIF’s”.\n(5) In paragraph 5—\n(a) for “Article 22 of Directive 2011/61/EU” substitute “rules 3.3.2 to 3.3.7 of the Investment Funds sourcebook”;\n(b) for “ELTIF” substitute “LTIF” in each place;\n(c) omit point (b).\n(6) In paragraph 6, for “ELTIF” substitute “LTIF” in both places.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2019/9780111177266/regulation/28",
    "retrieved_at": "2026-10-30T15:02:28.586490+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."
}