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The Alternative Investment Fund Managers Regulations 2013
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- UK Statutory Instruments
- 2013 No. 1773
- SCHEDULE 2
- PART 2
- Paragraph 19
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- 22/07/2013- Amendment
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The Alternative Investment Fund Managers Regulations 2013, Paragraph 19 is up to date with all changes known to be in force on or before 04 March 2025. 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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Financial Services and Markets Act 2000 (Financial Promotion) Order 2005U.K.
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19. In the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 M1—
(a)after article 29(2) (communications required or authorised by enactments) insert—
“(3) A communication which may be made because a condition imposed by regulation 49 or 50 of the Alternative Investment Fund Managers Regulations 2013 has been met, is to be treated as authorised by those Regulations for the purposes of paragraph (1) in so far as it is made to a professional investor (as defined in regulation 2(1) of those Regulations).
(4) A communication permitted by Article 2.2, 4 or 14.3 of Regulation (EU) No 345/2013 of the European Parliament and the Council of 17 April 2013 on European venture capital funds, or by Article 2.2, 4 or 15.3 of Regulation (EU) No 346/2013 of the European Parliament and the Council of 17 April 2013 on European social entrepreneurship funds, is to be treated as authorised by an enactment other than the Act for the purposes of paragraph (1).”;
(b)in article 40(a) omit “270 or”.
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