Regulation 16

The Financial Services and Markets Act 2000 (Regulated Activities) Order 2001

1.

(1) The Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 [S.I. 2001/544, amended by S.I. 2006/3384; there are other amending instruments but none are relevant.] is amended as follows.

(2) In article 3(1), for the definition of "management company" substitute -

"management company" has the meaning given by Article 2.1(b) of the UCITS directive;".

(3) In article 83(4)(b), for "Article 5(3)" substitute "Article 6(3)".

(4) In article 84(1D)(b) for "Article 5(3)" substitute "Article 6(3)".

(5) In article 85(4)(b) for "Article 5(3)" substitute "Article 6(3)".

The Financial Services and Markets Act 2000 (Promotion of Collective Investment Schemes) (Exemptions) Order 2001

2.