The Collective Investment Schemes (Amendment etc.) (EU Exit) Regulations 2019 No. 325

PART 3 U.K. Amendments of the Undertakings for Collective Investment in Transferable Securities Regulations 2011

Report by depositary or auditor U.K.

38.  In regulation 11—

(a) in paragraph (1)—

(i) in the opening words omit “UK”;

(ii) in sub-paragraph (a) omit “referred to in Article 47(1) of the UCITS directive”;

(iii) in sub-paragraph (c) omit “, as referred to in Article 47(1) of the UCITS directive”;

(b) in paragraph (4)(b) omit “and, in relation to a cross-border merger, the competent authorities of the EEA UCITS concerned”.

Commencement Information

I1 Reg. 38 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)