{
  "url": "https://openlegislation.uk/financial-services-act-2012/schedule-4/paragraph-40",
  "json_url": "https://openlegislation.uk/financial-services-act-2012/schedule-4/paragraph-40.json",
  "legislation": "ukpga/2012/21",
  "legislation_title": "Financial Services Act 2012",
  "legislation_url": "https://openlegislation.uk/financial-services-act-2012",
  "path": "schedule/4/paragraph/40",
  "kind": "paragraph",
  "number": "40",
  "heading": null,
  "text": "(1) Section 199A (management companies: loss of authorisation) is amended as follows.\n(2) In subsection (2), for “Authority”, in both places, substitute “ appropriate regulator ”.\n(3) For subsection (4) substitute—\n“(4) In this section—\n“the appropriate regulator” means whichever of the FCA and the PRA is the competent authority for the purposes of the UCITS directive;\n“collective investment scheme” has the same meaning as in Part 17.”",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Sch. 4 para. 40 in force at 27.2.2013 for specified purposes by S.I. 2013/423, art. 2"
    },
    {
      "type": "I",
      "label": "I2",
      "text": "Sch. 4 para. 40 in force at 1.4.2013 in so far as not already in force by S.I. 2013/423, art. 3, Sch."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2012/21/schedule/4/paragraph/40",
    "retrieved_at": "2026-10-29T09:08:36.918830+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."
}