Regulation 9 Funds treated as registered for the purposes of Article 15a of the EuSEF Regulation

A collective investment undertaking which, immediately before exit day, is a qualifying social entrepreneurship fund (as defined in Article 3(1)(b) of the EuSEF Regulation as it had effect immediately before exit day) is to be treated as registered in accordance with Article 15a of the EuSEF Regulation where, before exit day, the FCA informs the manager of that fund that the fund has been registered as a qualifying social entrepreneurship fund, in accordance with Article 15a(6) of Regulation (EU) No 346/2013 as it had effect before exit day.

Paragraphs 1, 2, 4, 5 and 6 of Article 15a of the EuSEF Regulation do not apply to a manager in relation to any qualifying social entrepreneurship fund to which this regulation applies.