The Open-Ended Investment Companies Regulations 2001

Reports: preparationU.K.

66.—(1) The directors of an open-ended investment company must—

(a)prepare a report (“annual report") for each annual accounting period of the company; and

(b)subject to paragraph (2), prepare a report (“half-yearly report") for each half-yearly accounting period of the company.

(2) Where a company’s first annual accounting period is a period of less than 12 months, a half-yearly report need not be prepared for any part of that period.

F1(3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(4) Nothing in this regulation or in regulation 67 prejudices the generality of regulation 6(1).

(5) In this regulation any reference to annual and half-yearly accounting periods of a company is a reference to those periods as determined in relation to that company in accordance with [F2FCA rules].

Textual Amendments