Section 24 — Collective investment schemes authorised in approved countries
This version in force from 2022-02-23
Snapshot: 2026-08-24
Reproduced from legislation.gov.uk (Crown Copyright, Open Government Licence v3.0). Amendments made after 2026-08-24 may not be reflected — always check the official text .
(1) In Part 17 of the Financial Services and Markets Act 2000 (collective investment schemes), in section 237(3)—
(a) in the definition of “a recognised scheme”, after “means” insert “ a section 271A scheme or ”, and
(b) after that definition insert—“a section 271A scheme” means a scheme recognised under section 271A (and see also section 271S); .
(2) In Schedule 9—
(a) Part 1 inserts sections 271A to 271S (collective investment schemes authorised in approved countries or territories) in Chapter 5 of Part 17 of the Financial Services and Markets Act 2000 (recognised overseas schemes), and
(b) Part 2 contains minor and consequential amendments.