Article -2 Interpretation

(1) In this Regulation, unless the contrary intention appears:

1. (a)

   words and expressions used have the same meaning as in Regulation 1286/2014/EU, as amended by the [Packaged Retail and Insurance-based Investment Products (Amendment) (EU Exit) Regulations 2019];

2. (b)

   a reference to a provision of FSMA is a reference to that provision as amended from time to time;

3. (c)

   a reference to a provision of rules made under FSMA is a reference to that provision as it has effect on IP completion day;

4. (d)

   any reference to a sourcebook is to a sourcebook in the Handbook of Rules and Guidance published by the FCA containing rules made by the FCA under FSMA;

5. (e)

   references to ‘UCITS’ include both UK UCITS and EEA UCITS;

6. (f)

   ‘IP completion day’ has the meaning given in section 39 of the European Union (Withdrawal Agreement) Act 2020.