The Financial Services and Markets Act 2000 (Overseas Funds Regime) (Equivalence) (European Economic Area) Regulations 2024
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
2 Interpretation
In these Regulations— “the Act” means the Financial Services and Markets Act 2000; “MMF” means an EEA UCITS, or a sub-fund of an EEA UCITS, that is authorised in an EEA state for the purpose of being a money market fund that— invests in financial assets with a residual maturity not exceeding 2 years, and has distinct or cumulative objectives offering returns in line with money market rates or preserving the value of the investment; “stand-alone scheme” means a collective investment scheme— which does not have two or more sub-funds, and whose fund rules or instruments of incorporation do not enable it to have two or more sub-funds.
2 Interpretation
In these Regulations— “the Act” means the Financial Services and Markets Act 2000; “MMF” means an EEA UCITS, or a sub-fund of an EEA UCITS, that is authorised in an EEA state for the purpose of being a money market fund that— invests in financial assets with a residual maturity not exceeding 2 years, and has distinct or cumulative objectives offering returns in line with money market rates or preserving the value of the investment; “stand-alone scheme” means a collective investment scheme— which does not have two or more sub-funds, and whose fund rules or instruments of incorporation do not enable it to have two or more sub-funds.
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.