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8.—(1) Section 243 (authorisation orders) is amended as follows.
(2) In subsection (5) M1—
(a)omit “or another EEA State”;
(b)for “country in which it is incorporated” substitute “ United Kingdom ”.
(3) For subsection (5A) substitute—
“(5A) The manager and the trustee must each have a place of business in the United Kingdom.”.
(4) Omit subsection (6).
Commencement Information
I1Reg. 8 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)
Marginal Citations
M1Subsections (5) and (5A) were substituted for subsection (5) by S.I. 2011/1613.