- Draft legislation
This is a draft item of legislation. This draft has since been made as a UK Statutory Instrument: The Alternative Investment Fund Managers (Amendment etc.) (EU Exit) Regulations 2019 (revoked) No. 328
19.—(1) In regulation 6, for paragraph (1) substitute—
“(1) Before the date on which the Treasury makes regulations under regulation 1(3) appointing the day when the amendments in Schedule 1 to these Regulations come into force, the FCA or the PRA may make rules for the purpose of the provisions amended by Schedule 1 without complying with sections 138I to 138L of the Act (consultation)(1).”.
(2) In the heading to regulation 6, for “Article 35 or 37 to 41 of the directive” substitute “the provisions amended by Schedule 1”.
Sections 138I to 138L was substituted, with the rest of Part 9A for the original Part X by section 24(1) of Financial Services Act 2012 (c. 21).
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