(1) An AIFM falls within this paragraph if -
(a) it manages an AIF immediately before 22nd July 2013; and
(b) in the case of a third country AIFM, it markets that AIF in an EEA State before 22nd July 2013.
(2) Until the relevant date, an AIFM falling within paragraph (1) need not comply with implementing provisions other than those imposed by this regulation.
(3) A UK AIFM falling within paragraph (1) must submit an application for -
(a) a Part 4A permission to carry on the regulated activity of managing an AIF, or
(b) registration as a small registered UK AIFM,
before 22nd July 2014.
(4) Paragraph (3) does not apply to an AIFM that ceases to manage AIFs before 22nd July 2014.
(5) Part 6 does not apply in respect of an AIF managed by an AIFM falling within paragraph (1) until the relevant date.
(6) Until the relevant date, amendments and modifications to other enactments made by these Regulations or the Alternative Investment Fund Managers Order 2014 do not have effect in respect of an
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