Regulation 9 Funds treated as registered for the purposes of Article 14a of the EuVECA Regulation

A collective investment undertaking which, immediately before exit day, is a qualifying venture capital fund (as defined in Article 3(1)(b) of the EuVECA Regulation as it had effect immediately before exit day) is to be treated as registered in accordance with Article 14a of the EuVECA Regulation where, before exit day, the FCA informs the manager of that fund that the fund has been registered as a qualifying venture capital fund, in accordance with Article 14a(6) of Regulation (EU) No 345/2013 as it had effect before exit day.

Paragraphs 1, 2, 4, 5 and 6 of Article 14a of the EuVECA Regulation do not apply to a manager in relation to any qualifying venture capital fund to which this regulation applies.