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Version status: In force | Document consolidation status: Assimilated law updated to reflect all known changes
Version date: 31 December 2020 - onwards
Version 2 of 2

Article 15

1. Managers of qualifying social entrepreneurship funds that intend to use of the designation 'SEF' for the marketing of their qualifying social entrepreneurship funds shall inform the FCA of their intention and shall provide the following information:

(a) the identity of the persons who effectively conduct the business of managing qualifying social entrepreneurship funds;

(b) the identity of the qualifying social entrepreneurship funds, the units or shares of which are to be marketed and their investment strategies;

(c) information on the arrangements made for complying with the requirements of Chapter II;

(d) [deleted]

(e) [deleted]

2. The FCA shall register the qualifying social entrepreneurship fund manager only if the following conditions are met:

(a) the persons who effectively conduct the business of managing qualifying social entrepreneurship funds are of sufficiently good repute and are sufficiently experienced also in relation to the investment strategies pursued by the manager of a qualifying social entrepreneurship fund;