Regulation 57 Marketing of third country AIFs managed by full-scope UK AIFMs
DRAFT Sub paragraph inserted Schedule 3 Consequential amendments to secondary legislation of the Draft SI - Money Market Funds Regulations 2024
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(1) An AIF falls within this paragraph if it is -
(a) a third country AIF, or
(b) a UK AIF or a Gibraltar AIF that is a feeder AIF, the master AIF of which is either managed by a third country AIFM or is a third country AIF, and
managed by an AIFM falling within paragraph (2).
(1A) An AIF does not fall within paragraph (1) if it is recognised under section 271A of the Act.
(2) An AIFM falls within this paragraph if it is -
(a) a full-scope UK AIFM; or