The Common Investment (Amendment) Scheme 1999

Amendments to the Principal Scheme

9.  The Principal Scheme shall be further amended as follows:

(a) in paragraph 2:

(i) before the definitions of “accounting date” and “dividend date”, there shall be inserted the following definition:

““Accountant General for Northern Ireland” means the Accountant General of the Supreme Court of Judicature of Northern Ireland;”;

(ii) after the definition of “the Act”, there shall be inserted the following definition:

““authorised unitholder” means a person, other than the Accountant General or the Accountant General for Northern Ireland, authorised under section 42(5)(b) of the Act as a person to whom shares in a common investment fund may be allotted;”;

(b) in Schedule 1, the following paragraph shall be inserted after paragraph 8:

“8A.— (1) Paragraphs 3 to 8 of this Schedule shall apply to the Accountant General for Northern Ireland or any authorised unitholder, in relation to an allotment of units to the Accountant General for Northern Ireland or that authorised unitholder under section 42(5)(b) of the Act, as those paragraphs apply to the Accountant General; and references to the Accountant General in those paragraphs and in paragraph 2(b) to (d) of Schedule 3 shall be construed accordingly.

(2) In its application to Northern Ireland, the reference in paragraph 3(3) of this Schedule to Funds Rules shall be construed as a reference to rules made under section 82(1) of the Judicature (Northern Ireland) Act 1978(1).”.

(1)

1978 c. 23.