[F1 PART 6 U.K.Marketing of AIFs

Textual Amendments

F1 Regulations revoked (14.12.2023 for the revocation of reg. 79) by Financial Services and Markets Act 2023 (c. 29), s. 86(3), Sch. 1 Pt. 2 (with s. 1(4)); S.I. 2023/1382, reg. 2(c)(vi)

CHAPTER 2 U.K.Marketing of AIFs by full-scope AIFMs

Suspension or revocation of approval granted to a full-scope [F2 Gibraltar AIFM] U.K.

56.   If the FCA has approved marketing by a full-scope [F2 Gibraltar AIFM] under regulation 54, regulations 62 to 64 apply in relation to that approval as they apply in relation to an entitlement to market an AIF following a notification under regulation 57, 58 or 59, but with the following modifications—

(a) references to a notification under regulation 57, 58 or 59 are to be read as references to an application under regulation 54;

(b) references to an entitlement to market are to be read as references to an approval to market;

(c) references to an Article 36 custodian are to be omitted; and

(d) regulations 62(1)(c) and 63(2)(c) are to be omitted.]

Textual Amendments

F2 Words in reg. 56 substituted (31.12.2020) by The Alternative Investment Fund Managers (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/328), regs. 1(3), 10(7) (as amended by S.I. 2019/325, reg. 58); 2020 c. 1, Sch. 5 para. 1(1)