icon-grid
Better Regulation logo
Table of Contents

Table of Contents

Expand all headings Collapse all headings Expand side bar Collapse side bar
Alternative Investment Fund Managers (Amendment) Regulations 2013 [SI 2013 No. 1797]Introductory TextRegulation 1 Citation and commencementRegulation 2 InterpretationRegulation 3 Amendments to legislation that implemented Articles 35 and 37 to 41 of the directiveRegulation 4 Amendments to legislation that come into force on appointment by the TreasuryRegulation 5 Amendments to Financial Services and Markets Act 2000 (EEA Passport Rights) Regulations 2001Regulation 6 Consultation on rules made for the purposes of the provisions amended by Schedule 1Schedule 1 Amendments to legislation that implement Articles 35 and 37 to 41 of the directiveSchedule 2 Amendments to legislation that come into force on termination of Articles 36 and 42 of the directiveSchedule 2, Part 1 Amendments to legislation (paras. 1-3)Schedule 2, Part 2 Transitional provisions relating to marketing by third country AIFMs (paras. 4-6)SignatureExplanatory NoteExplanatory Memorandum
Page Overview
Document Overview
Tools
Set a date to view the document
Text comparison options
Full text - Date 1 vs Date 2
Amendments requiring commencement - Current text vs Text requiring commencement
Draft proposed changes - Current text vs Text proposed by drafting documents
Coming soon: Any documents - Any document vs Another document at any date
Print / Export options
Current page
Whole document
Selected pages
Consolidated PDF of the entire document as of 12th December 2024
Export
Export line by line
Export provision to provision
Report template
Create report template
Alert me to changes
Manage alerts
Bookmarks
This page
This document
Manage bookmarks
Search within this document
View previous searches
Share
Get page link
Share via email application
PreviousNext
Version status: Not yet in force | Document consolidation status: Updated to reflect all known changes
Version date: 31 December 2020 - onwards
Version 2 of 2

Schedule 2, Part 2 Transitional provisions relating to marketing by third country AIFMs (paras. 4-6)

Regulation 4

4.

(1) Sub-paragraphs (2) and (3) apply where -

(a) an AIFM has given a notification under regulation 58(1) of the principal regulations (marketing of AIFs managed by small third country AIFMs) in respect of an AIF,

(b) an investor has acquired units or shares of the AIF as a result of marketing that is permitted because of that notification, and

(c) the AIFM is not -

(i) an authorised person with permission under Part 4A of the Financial Services and Markets Act 2000 to carry on the regulated activity of managing an AIF, or registered under Part 3 of the principal regulations in respect of the AIF otherwise than by virtue of that notification.

(ii) [deleted]

(2) The revocation of regulations 58(3) and (4)(a) and 71(5)(d) of the principal regulations by paragraph 3 does not have effect in relation to that AIFM.

PreviousNext