[F122DApplication of Act to open-ended investment companiesE+W+S
(1)This Act applies to open-ended investment companies with the following modifications.
(2)In section 8(1) (disqualification after investigation), the reference to investigative material shall be read as including a report made by inspectors under regulations made by virtue of section 262(2)(k) of the Financial Services and Markets Act 2000.
(3)In the application of Part 1 of Schedule 1 (matters for determining unfitness of directors: matters applicable in all cases) in relation to a director of an open-ended investment company, a reference to a provision of the Companies Act 2006 is to be taken to be a reference to the corresponding provision of the Open-Ended Investment Companies Regulations 2001 or of rules made under regulation 6 of those Regulations.
(4)In this section “open-ended investment company” has the meaning given by section 236 of the Financial Services and Markets Act 2000.]
Textual Amendments
F1S. 22D inserted (1.10.2009) by The Companies Act 2006 (Consequential Amendments, Transitional Provisions and Savings) Order 2009 (S.I. 2009/1941), art. 2(1), Sch. 1 para. 85(13) (with art. 10)