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Amendment of regulation 2
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3.—(1) In regulation 2(1)(a) (interpretation)(), for the definition of “dormant account” substitute—
““dormant account” means an account which contains a “relevant dormant asset” within the meaning given in section 39(2) of the Finance Act 2008(), omitting the words “is to be, or”;”.
(2) In regulation 2(1)(b), in the definition of “recognised UCITS”()—
(a)after sub-paragraph (a) omit “or”, and
(b)after sub-paragraph (b) insert—
“; or
(c)a recognised scheme in accordance with section 271A of the Financial Services and Markets Act 2000().”.
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