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8.—(1) The Financial Services and Markets Act 2000 (Exemption) Order 2001(1) 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)”.
S.I. 2001/1201. Article 5 was amended by S.I. 2003/1675, S.I. 2006/1969 and S.I. 2007/125.
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