The Financial Services and Markets Act 2023 (Consequential Amendments) Regulations 2023
Write the words of this act the way you think they should read. Solon shows your change as a redline against the published text and pins it to that exact text, so it can never be applied to wording you did not see.
Change 1
9 Alternative Investment Fund Managers Regulations 2013
(1) The Alternative Investment Fund Managers Regulations 2013 are amended as follows. (2) In regulation 2(1) (interpretation), omit the following definitions— (a) “EEA ELTIF”; (b) “ELTIF Regulation”; (c) “UK LTIF”. (3) Omit Part 3A (LTIFs). (4) In regulation 30 (depositary liability for loss of financial instruments held in custody), omit paragraph (7). (5) In regulation 32 (depositary liability and third country custodians), omit paragraph (3). (6) In regulation 52 (contravention by unauthorised person), in paragraph (1), omit sub-paragraph (c). (7) In regulation 53 (contravention by authorised person), in paragraph (1), omit sub-paragraph (c).
9 Alternative Investment Fund Managers Regulations 2013
(1) The Alternative Investment Fund Managers Regulations 2013 are amended as follows. (2) In regulation 2(1) (interpretation), omit the following definitions— (a) “EEA ELTIF”; (b) “ELTIF Regulation”; (c) “UK LTIF”. (3) Omit Part 3A (LTIFs). (4) In regulation 30 (depositary liability for loss of financial instruments held in custody), omit paragraph (7). (5) In regulation 32 (depositary liability and third country custodians), omit paragraph (3). (6) In regulation 52 (contravention by unauthorised person), in paragraph (1), omit sub-paragraph (c). (7) In regulation 53 (contravention by authorised person), in paragraph (1), omit sub-paragraph (c).
One line that says what changes, such as "Halve the dog tax".
Who it helps, what it costs, what it fixes. It is what persuades people to support it.
How this law is officially changed
Solon does not know this law's official route yet. The proposal is recorded all the same, and the route appears here once its source is added.
A proposal here is not law. Support on Solon is evidence that people want the change; the official route says what it takes to make it law.
Sign in to file your proposal. What you have written stays on this page.
Sign in to file itThink it through
Ask what your change would do, who would gain and who would bear a cost, and where something like it is already law. The assistant reads your draft as it stands, cites the law and the studies it finds, and takes no side. What you file stays yours.