The Financial Services (Recognised Collective Investment Schemes from Other Member States) (Luxembourg) Order 1988 (Revocation) Order 1989

• Citation: S.I. 1989/1586
• Sections: 2

Section 1

This Order may be cited as the Financial Services (Recognised Collective Investment Schemes from Other Member States) (Luxembourg) Order 1988 (Revocation) Order 1989 and shall come into force on 1st October 1989.

Section 2

The Financial Services (Recognised Collective Investment Schemes from Other Member States) (Luxembourg) Order 1988 is revoked except insofar as it has effect in relation to–

(a) any collective investment scheme recognised by virtue of it before the date on which this Order comes into force; and

(b) any collective investment scheme in respect of which notice has, before the date on which this Order comes into force, been given to the Secretary of State under Section 86(2) of the Financial Services Act 1986 as that section has effect for the purposes of paragraph 10 of Schedule 15 to that Act.