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SCHEDULE 1Amendments consequential upon the commencement of the Renting Homes (Wales) Act 2016

Financial Services and Markets Act 2000 (Collective Investment Schemes) Order 2001

20.  In the Financial Services and Markets Act 2000 (Collective Investment Schemes) Order 2001(1), in the Schedule (arrangements not amounting to a collective investment scheme), in paragraph 7(2) (certain funds relating to leasehold property)—

(a)at the end of paragraph (a), omit “or”;

(b)for the full stop at the end of sub-paragraph (b), substitute

; or

(c)in money held in an authorised deposit scheme within the meaning of section 47 (deposit schemes: interpretation) of the Renting Homes (Wales) Act 2016.

(2)

Paragraph 7 was substituted by article 2 of the Financial Services and Markets Act 2000 (Collective Investment Schemes) (Amendment) Order 2007 (S.I. 2007/800). There are other amendments to the Schedule to S.I. 2001/1062 which are not relevant to these Regulations.