- Y Diweddaraf sydd Ar Gael (Diwygiedig)
- Pwynt Penodol mewn Amser (23/03/2019)
- Gwreiddiol (Fel y'i Deddfwyd)
Point in time view as at 23/03/2019.
Financial Services and Markets Act 2000, Section 261F is up to date with all changes known to be in force on or before 10 September 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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(1)Subject to subsection (2), an application under section [F2261C(1)(a)] must be determined by the FCA before the end of the period of six months beginning with the date on which it receives the completed application.
(2)An application under section [F3261C(1)(a) in respect of a contractual scheme which is a UCITS, or an application under section 261C(1)(b),] must be determined by the FCA before the end of two months beginning with the date on which it receives the application.
(3)The FCA may determine an incomplete application if it considers it appropriate to do so; and it must in any event determine such an application within twelve months beginning with the date on which it first receives the application.
(4)The applicants may withdraw the application, by giving the FCA written notice, at any time before the FCA determines it.]
Textual Amendments
F1Pt. XVII Ch. 3A inserted (6.6.2013) by The Collective Investment in Transferable Securities (Contractual Scheme) Regulations 2013 (S.I. 2013/1388), regs. 1, 3(12) (with reg. 24)
F2Word in s. 261F(1) substituted (28.6.2018 for specified purposes, 21.7.2018 in so far as not already in force) by The Money Market Funds Regulations 2018 (S.I. 2018/698), regs. 1(2), 2(14)(a)
F3Words in s. 261F(2) substituted (28.6.2018 for specified purposes, 21.7.2018 in so far as not already in force) by The Money Market Funds Regulations 2018 (S.I. 2018/698), regs. 1(2), 2(14)(b)
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