The Open-Ended Investment Companies Regulations 2001

6.  In section 220(1) of the 1985 Act (definitions for Part VI) omit the definition of “investment company with variable capital”(1) and insert after the definition of “material interest”—

“open-ended investment company” has the same meaning as in the Open-Ended Investment Companies Regulations 2001;.

(1)

This definition was inserted by S.I. 1996/2827.