6. In section 220(1) of the 1985 Act (definitions for Part VI) omit the definition of “investment company with variable capital"M1 and insert after the definition of “material interest"—U.K.
““open-ended investment company" has the same meaning as in the Open-Ended Investment Companies Regulations 2001;”.
Marginal Citations
M1This definition was inserted by S.I. 1996/2827.