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Financial Services and Markets Act 2000, Section 261Z6 is up to date with all changes known to be in force on or before 28 November 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)The Treasury may by regulations make provision about unauthorised co-ownership AIFs that corresponds or is similar to, or applies with modifications, any of sections 261M to 261O and section 261P(1) and (2) (rights and liabilities of participants in authorised co-ownership schemes).
(2)Regulations under subsection (1) may make provision about unauthorised co-ownership AIFs generally, or about unauthorised co-ownership AIFs of a description specified in the regulations.
(3)In this section “unauthorised co-ownership AIF” means a co-ownership scheme that—
(a)is an AIF, and
(b)is not authorised for the purposes of this Act by an authorisation order in force under section 261D(1).]
Textual Amendments
F1Pt. 17 Ch. 3B inserted (29.10.2024) by Financial Services and Markets Act 2023 (c. 29), ss. 64(3), 86(3); S.I. 2024/1071, reg. 2(c)
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