SCHEDULES

SCHEDULE 27U.K. DISTRIBUTING FUNDS M1

Modifications etc. (not altering text)

C1Sch. 27 applied (with modifications) (22.10.2004 with effect in accordance with reg. 1(2) of the affecting S.I.) by The Offshore Funds Regulations 2004 (S.I. 2004/2572), regs. 1(1), 4

Marginal Citations

M1Source—[1984 Sch.19; 1986 s.50; 1987 (No.2) s.66]

PART IIIU.K. CERTIFICATION PROCEDURE

AppealsU.K.

16(1)An appeal F1. . . —

(a)against such a determination as is referred to in paragraph 15(3) above, or

(b)against a notification under paragraph 15(4) above,

may be made by the offshore fund or F2. . . on behalf of the fund, and shall be so made by notice specifying the grounds of appeal and given to the Board within 90 days of the date of the notice under paragraph 15(3) or (4), as the case may be.

(2)The jurisdiction of the [F3tribunal] on an appeal under this paragraph shall include jurisdiction to review any decision of the Board which is relevant to a ground of the appeal.