# The Financial Services and Markets Act 2000 (Collective Investment Schemes) (Amendment) Order 2007, Note: Explanatory note


(This note is not part of the Order)
This Order amends the Schedule to the Financial Services Markets Act 2000 (Collective Investment Schemes) Order 2001 (S.I. 2001/1062) which sets out arrangements which are not to be regarded as collective investment schemes for the purposes of the Financial Services and Markets Act 2000 (c. 8). Paragraph 7 of that Schedule excludes certain funds relating to leasehold property. The amendment made by article 2(1) of this Order extends this exclusion to arrangements where the participants have rights or interests in money held under a tenancy deposit scheme as provided for by Chapter 4 of Part 6 of the Housing Act 2004 (c. 34).
A partial regulatory impact assessment of the effect of this instrument on the costs of business is available from the HM Treasury website or from the Financial Services Strategy Team, HM Treasury, 1 Horse Guards Road, London SW1A 2HQ.

---
Source: https://www.legislation.gov.uk/uksi/2007/800/note (the official version)
Page: https://openlegislation.uk/financial-services-and-markets-act-2000-collective-investment-schemes-amendment-order-2007/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.