Part 3: Access to Financial Services Markets Section 24: Collective investment schemes authorised in approved countries
Subsection (1) amends the definition of a "recognised scheme" in section 237(3) of FSMA so that it includes schemes recognised under section 271A of FSMA and refers to section 271S, which sets out (amongst other things) that the definition in section 237(3) also includes a part of a scheme recognised under section 271A.
	Subsection (2)(a) introduces Schedule 9 which inserts sections 271A to 271S (the "OFR provisions") into Chapter 5 of Part 17 of FSMA. Subsection (2)(b) then sets out that Part 2 of the Schedule is related to minor and consequential amendments arising from the new OFR provisions.