SCHEDULES
SCHEDULE 9Collective investment schemes authorised in approved countries
PART 2Minor and consequential amendments
Financial Services and Markets Act 2000 (c. 8)
I15
In section 237(2) (Part 17 definitions), in the definition of “the operator”—
a
in paragraph (ab) omit “and”, and
b
after paragraph (b) insert
, and
ba
in relation to a recognised scheme, means the legal entity with overall responsibility for the management and performance of the functions of the scheme.