SCHEDULES

SCHEDULE 16 Consequential Amendments

5

In the M1Stock Transfer Act (Northern Ireland) 1963—

a

for paragraph (e) of section 1(4) there shall be substituted—

e

units of an authorised unit trust scheme or a recognised scheme within the meaning of the Financial Services Act 1986

b

in the definition of “securities” in section 4(1) for the words from “unit trust scheme" to “scheme" there shall be substituted the words “collective investment scheme within the meaning of the Financial Services Act 1986".