Transitional Provisions
LR TR 1
Transitional Provisions for Sponsors and Venture Capital Trusts
| (1) | (2) Material to which the transitional provision applies | (3) | (4) Transitional provision | (5) Transitional provision: dates in force | (6) Handbook provision: coming into force |
| 1 | Amendments to LR set out in Annex B of the Transparency Obligations Directive (Disclosure and Transparency Rules) Instrument 2006, relating to: (i) DTR 4 and periodic financial reporting; and (ii) DTR 6 in so far as they may relate to, or are required to give effect to, amendments in (i). | R | The amendments described in column 2 shall have effect as follows: | From 20 January 2007 |
| (1) | (2) Material to which the transitional provision applies | (3) | (4) Transitional provision | (5) Transitional provision: dates in force | (6) Handbook provision: coming into force |
| 2 | LR 15.2.11 R - LR 15.2.13 G and LR 15.4.7 R | R | Do not apply in respect of a venture capital trust listed before the date this instrument comes into force. | From 28 September 2007 to 28 September 2010 | 28 September 2007 |
| 3 | LR 15.6.8 R | R | Does not apply in respect of a venture capital trust listed before the date this instrument comes into force. | From 28 September 2007 to 28 September 2010 | 28 September 2007 |
| 4 | LR 11.1.5R (2) | R | Does not apply to arrangements between a venture capital trust and its investment manager where: (1) the arrangements are such that each invests in or provides finance to a company and the investment or provision of finance is made either (a) at the same time and on the same terms; or (b) in accordance with a pre-existing agreement between the venture capital trust and its investment manager; and (2) the venture capital trust was listed before the date this instrument comes into force. | From 28 September 2007 to 28 September 2010 | 28 September 2007 |
- 28/09/2007