The Long-term Investment Funds (Amendment) (EU Exit) Regulations 2019

Additional requirements of the prospectus

This section has no associated Explanatory Memorandum

29.—(1) Article 24 (additional requirements of the prospectus) is amended as follows.

(2) In paragraph 1—

(a)for “An ELTIF” substitute “An LTIF”;

(b)for “competent authorities of the ELTIF” substitute “FCA”;

(c)omit the second sentence;

(d)for “ELTIF within” substitute “LTIF within”;

(e)for “these competent authorities” substitute “the FCA”.

(3) In paragraph 2—

(a)for “ELTIF” substitute “LTIF”;

(b)omit “, in each Member State in which the units or shares are marketed,”.