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Regulation 7 Application of regulation 8

Original text. Later amendments are not shown.

Regulation 8 applies to a manager of a qualifying social entrepreneurship fund who, before exit day—

(a)

is informed by the FCA that the manager has been registered as a manager of a qualifying social entrepreneurship fund, in accordance with Article 15(4) of Regulation (EU) No 346/2013 as it had effect before exit day; and

(b)

has not otherwise ceased to meet the conditions in Regulation (EU) No 346/2013 for registration as a manager of a qualifying social entrepreneurship fund as those conditions had effect before exit day.