Power to close registerU.K.
50.—(1) Subject to paragraph (2), an open-ended investment company may, on giving notice by advertisement in a national newspaper circulating in all the countries in which shares in the company are sold, close the register of shareholders for any time or times not exceeding, in the whole, 30 days in each year.
[F1(2) Paragraph (1) has effect subject to any requirements contained in FSA rules.]
Textual Amendments
F1Reg. 50(2) substituted (26.11.2001) by The Uncertificated Securities Regulations 2001 (S.I. 2001/3755), reg. 1, Sch. 7 para. 24(b)