This section has no associated Explanatory Memorandum
36. In paragraph 2B of Schedule 6 (threshold conditions)(1)—
(a)in sub-paragraph (1), for “or (4)(a)”, substitute “, (4)(a) or (7)”;
(b)after sub-paragraph (6), insert—
“(7) If A is seeking to carry on, or is carrying on, the regulated activity of managing an AIF and is, or upon being granted Part 4A permission to carry on that regulated activity would be, a full-scope UK AIFM, A’s head office and registered office must be in the United Kingdom.”.
(1)
Parts 1A to 1G of Schedule 6 were substituted by S.I. 2013/555.