SCHEDULES

SCHEDULE 4EEA passport rights and treaty rights

PART 4Amendments of Part 13 of FSMA 2000: Powers of intervention

40

1

Section 199A (management companies: loss of authorisation) is amended as follows.

2

In subsection (2), for “Authority”, in both places, substitute “appropriate regulator”.

3

For subsection (4) substitute—

4

In this section—

  • “the appropriate regulator” means whichever of the FCA and the PRA is the competent authority for the purposes of the UCITS directive;

  • “collective investment scheme” has the same meaning as in Part 17.