SCHEDULE 2AMENDMENTS TO SECONDARY LEGISLATION

PART 2Amendments to other secondary legislation

Financial Services and Markets Act 2000 (Exemption) Order 20018

1

The Financial Services and Markets Act 2000 (Exemption) Order 2001 M1 is amended as follows.

2

For article 5(1)(g) (persons exempt in respect of particular regulated activities) substitute—

ga

article 51ZA (managing a UCITS);

gb

article 51ZB (acting as a trustee or depositary of a UCITS);

gc

article 51ZC (managing an AIF);

gd

article 51ZD (acting as a trustee or depositary of an AIF);

ge

article 51ZE (establishing etc. a collective investment scheme);

3

In paragraphs 44(1) and (2) and 45 of the Schedule (persons exempt in respect of particular regulated activities – charities and schemes established under the Trustee Investments Act 1961) for “article 51 of the Regulated Activities Order (establishing etc. a collective investment scheme)” substitute “ articles 51ZA to 51ZE of the Regulated Activities Order (managing or acting as trustee or depositary of a UCITS or an AIF, or establishing etc. a collective investment scheme) ”.