{
  "url": "https://openlegislation.uk/financial-services-schemes-constituted-in-other-member-states-regulations-1989/note",
  "json_url": "https://openlegislation.uk/financial-services-schemes-constituted-in-other-member-states-regulations-1989/note.json",
  "legislation": "uksi/1989/1585",
  "legislation_title": "The Financial Services (Schemes Constituted in Other Member States) Regulations 1989",
  "legislation_url": "https://openlegislation.uk/financial-services-schemes-constituted-in-other-member-states-regulations-1989",
  "path": "note",
  "kind": "note",
  "number": null,
  "heading": "Explanatory note",
  "text": "(This note is not part of the Regulations)\nThese Regulations prescribe the requirements which a collective investment scheme must satisfy if, subject to the provisions of section 86(2) of the Financial Services Act 1986, it is to be a recognised scheme under section 86 of that Act. Section 86 of the Financial Services Act implements a Community obligation arising by virtue of Council Directive No. 85/611/EEC co-ordinating the laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1989/1585/note",
    "retrieved_at": "2026-10-29T15:37:46.477374+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."
}