{
  "url": "https://openlegislation.uk/personal-equity-plan-amendment-regulations-2004/note",
  "json_url": "https://openlegislation.uk/personal-equity-plan-amendment-regulations-2004/note.json",
  "legislation": "uksi/2004/1676",
  "legislation_title": "The Personal Equity Plan (Amendment) Regulations 2004",
  "legislation_url": "https://openlegislation.uk/personal-equity-plan-amendment-regulations-2004",
  "path": "note",
  "kind": "note",
  "number": null,
  "heading": "Explanatory note",
  "text": "(This note is not part of the Regulations)\nThese Regulations further amend the Personal Equity Plan Regulations 1989 (S.I.1989/469: “the principal Regulations”). The principal effect of the amendments is to ensure that funds of funds schemes which invest in stocks or shares of UCITS which comply with Financial Service Authority rules also meet the personal equity plan requirements.\nRegulation 1 provides for citation and commencement.\nRegulation 2 introduces the amendments.\nRegulation 3 amends the definitions in regulation 2(1) of the principal Regulations. The definition of “Chapter 5 UCITS” is substituted by a new definition which refers to the Financial Services Authority’s new set of rules, the New Collective Investment Schemes Sourcebook which will run in tandem with the existing Collective Investment Schemes Sourcebook until 12th February 2007 and which will apply exclusively thereafter.\nThese regulations do not impose any new costs on business.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2004/1676/note",
    "retrieved_at": "2026-10-29T05:23:32.601098+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."
}