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Regulation 35 Additional requirements for marketing LTIFs to retail investors

Original text. Later amendments are not shown.

Article 30 (the heading to which becomes “Additional requirements for marketing LTIFs to retail investors”) is amended as follows—

(a)

in paragraph 1, for “ELTIF” substitute “LTIF” in both places;

(b)

in paragraph 2—

(i)

for “ELTIF” substitute “LTIF” in both places;

(ii)

for “points (a) and (b)(i) of Article 6(4) of Directive 2011/61/EU” substitute “rule 1.4.3(3) and (4) of the Investment Funds sourcebook”;

(c)

in paragraph 3—

(i)

for “ELTIF” substitute “LTIF” in both places;

(ii)

for “ELTIFs” substitute “LTIFs” in each place;

(d)

in paragraphs 4, 5 and 6, for “ELTIF” substitute “LTIF” in each place;

(e)

in paragraph 7—

(i)

for “ELTIF” substitute “LTIF”;

(ii)

omit from “, which” to the end.