The Consumer Composite Investments (Designated Activities) Regulations 2024

Statutory Instruments

2024 No. 1198

Financial Services And Markets

The Consumer Composite Investments (Designated Activities) Regulations 2024

Made

21st November 2024

Coming into force in accordance with regulation 2

The Treasury make the following Regulations in exercise of the powers conferred by sections 71K, 71M, 71N(2) and (5), 71O(2), (10) and (11), 71P, 71Q, 71R and 428(3) of the Financial Services and Markets Act 2000(1) and section 83(1) of the Financial Services and Markets Act 2023(2).

In accordance with sections 71S(2) and 429(9) of the Financial Services and Markets Act 2000(3) and sections 83(3) and 84(5) of the Financial Services and Markets Act 2023, a draft of this instrument has been laid before, and approved by resolution of, each House of Parliament(4).

(1)

2000 c. 8. Sections 71K and 71M to 71R were inserted by section 8(2) of the Financial Services and Markets Act 2023 (c. 29). Section 428(3) was amended by section 66(3)(a) of that Act.

(2)

2023 c. 29.

(3)

Section 71S was inserted by section 8(2) of the Financial Services and Markets Act 2023.

(4)

For the meaning of “the affirmative procedure”, see section 84(3) of the Financial Services and Markets Act 2023 (c. 29).