(1) These Regulations may be cited as the Financial Services and Markets Act 2000 (Compensation Scheme: Electing Participants) Regulations 2001 and come into force on 18th June 2001.

(2) In these Regulations -

''authorised contractual scheme" has the meaning given at section 237(3) of the Act;

''authorised open-ended investment company" has the meaning given at section 237(3) of the Act;

''authorised unit trust scheme" has the meaning given at section 237(3) of the Act;