Directions given by FCAU.K.
69. Despite the repeal by regulation 25 of section 267 M1 of the 2000 Act, a direction given by the FCA under that section which has effect immediately before [F1IP completion day] continues to have effect on and after [F1IP completion day] if, by virtue of regulation 62, the stand-alone scheme or sub-fund to which the direction relates continues to be a recognised scheme on and after [F1IP completion day].
Textual Amendments
F1Words in reg. 69 substituted (31.1.2020 immediately before exit day) by The Financial Services (Consequential Amendments) Regulations 2020 (S.I. 2020/56), regs. 1, 12(d)
Commencement Information
I1Reg. 69 in force at 20.2.2019, see reg. 1(3)
Marginal Citations
M1Section 267 was amended by Schedule 18 to the Financial Services Act 2012.