Schedule 9: Collective investment schemes authorised in approved countries Part 2: Minor and consequential amendments The Collective Investment Schemes (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/325)
Paragraphs 13 to 16 in Part 2 of Schedule 9 relate to the Collective Investment Schemes (Amendment etc.) (EU Exit) Regulations 2019 and set out that schemes will be able to apply for recognition, either through section 271A or section 272 of FSMA, at the end of the temporary permissions regime.
	In paragraph 14(f), a substitution is also made in order to extend the TMPR from three to five years.
	Paragraph 15 removes regulation 67(2). This removes the requirement that HM Treasury may only make regulations to extend the TMPR if the FCA has submitted an assessment on the effects of extending at least six months before the end of period which is to be extended.
	Applications under section 271A of FSMA:
the new regulation 67A requires that applications under section 271A must be made during a time period specified by the FCA. This is for the purposes of allowing the FCA to create ‘landing slots’ for funds applying to the OFR at the end of the TMPR, to allow them to manage workflow;
the new regulation 67A(3) sets out that the obligation in section 271G(5) for the FCA to either issue a written notice granting recognition or a warning notice that it is proposing to refuse the application under section 271A, within two months, does not apply for applications from schemes transitioning from the TMPR to the OFR. However, the application must be determined by the FCA before the period specified in regulation 62(3)(d).