Reg. 31 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(3)

http://www.legislation.gov.uk/uksi/2019/336/regulation/31/2019-02-21The Long-term Investment Funds (Amendment) (EU Exit) Regulations 2019texttext/xmlenEXITING THE EUROPEAN UNIONFINANCIAL SERVICESStatute Law Database2024-05-16Expert Participation2019-02-21These Regulations are made in exercise of the powers conferred by section 8(1) of the European Union (Withdrawal) Act 2018 (c. 16) in order to address failures of retained EU law to operate effectively and other deficiencies arising from the withdrawal of the United Kingdom from the European Union (and in particular the deficiencies referred to in paragraphs (a), (b), (c) and (g) of section 8(2) of that Act).PART 3Amendment of Regulation (EU) 2015/76031Facilities available to investors1

Article 26 (facilities available to investors) is amended as follows.

2

In paragraph 1—

a

for “ELTIF” substitute “ LTIF ” in each place;

b

omit “, in each Member State where it intends to market such units or shares,”.

3

For paragraph 2, substitute—

2

The FCA may make technical standards to specify the types and characteristics of the facilities referred to in paragraph 1, their technical infrastructure and the content of their tasks in respect of the retail investors.

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31
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