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Status: Please note you should read all Brexit changes to the FCA Handbook and BTS alongside the main FCA transitional directions. Where these directions apply the 'standstill', firms have the choice between complying with the pre-IP completion day rules, or the post-IP completion day rules. To see a full list of Handbook modules affected, please see Annex B to the main FCA transitional directions.

authorisation order

    4an order made by the FCA 167 :

      1. (a) in relation to an AUT under section 243 of the Act (Authorisation orders);
      1. (b) in relation to an ICVC under regulation 14 of the OEIC Regulations (Authorisation);
      1. (c) in relation to an ACS under section 261D of the Act (Authorisation orders);95

    as a result of which the AUT or ACS95 becomes authorised or the body becomes incorporated as an ICVC under regulation 3 of the OEIC Regulations (Open-ended investment company); or an AUT, ACS or ICVC becomes declared a money market fund149.