{
  "url": "https://openlegislation.uk/draft-long-term-investment-funds-amendment-eu-exit-regulations-2019/regulation-38",
  "json_url": "https://openlegislation.uk/draft-long-term-investment-funds-amendment-eu-exit-regulations-2019/regulation-38.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/38",
  "kind": "regulation",
  "number": "38",
  "heading": "Powers of the FCA",
  "text": "(1) Article 33 (the heading to which becomes “Powers of the FCA”) is amended as follows.\n(2) In paragraph 1—\n(a) for “Competent authorities” substitute “The FCA”;\n(b) for “their” substitute “its”.\n(3) In paragraph 2, for “competent authorities in accordance with Directive 2011/61/EU” substitute “the FCA under the AIFM Regulations”.\n(4) In paragraph 3—\n(a) for “competent authority of the ELTIF” substitute “FCA”;\n(b) for “designation ‘ELTIF’ or ‘European long-term investment fund’” substitute “designation ‘LTIF’ or ‘long-term investment fund’”;\n(c) for “ELTIF no” substitute “LTIF no”.",
  "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/38",
    "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."
}