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5. In regulation 70(1) (Financial Services Compensation Scheme: a person to whom regulation 28 or 34 applies), in paragraph (2)(b)—
(a)in the inserted subsection (9B), at the end of paragraph (c) insert “or” and omit paragraphs (e) and (f);
(b)in the inserted subsection (9C), omit the definitions of “AIFM”, “an authorised contractual scheme”, “an authorised open-ended investment company”, “an authorised unit trust scheme”, “collective portfolio management services”, “ELTIF”, “ELTIF Regulation”, “management company”, “UCITS” and “UK AIF”.
Regulation 70 is inserted by S.I. 2019/405.
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