PART 3AMENDMENTS TO SECONDARY LEGISLATION
The Open-ended Investment Companies (Tax) Regulations 1997 (S.I.1997/1154)
Modifications of section 468 of the Income and Corporation Taxes Act 1988166
1
Amend regulation 10(4) of the Open-ended Investment Companies (Tax) Regulations 1997 (modifications of section 468) as follows.
2
In the added subsection (10)—
a
in the definition of “authorised corporate director” for “of the Financial Services Act 1986” substitute “given by section 31(2) of the Financial Services and Markets Act 2000”;
b
in the definition of “collective investment scheme” for “75 of the Financial Services Act 1986” substitute “235 of the Financial Services and Markets Act 2000”;
c
in the definition of “open-ended investment company” for “75(8) of the Financial Services Act 1986” substitute “236 of the Financial Services and Markets Act 2000”.
3
In the added subsection (18)—
a
in paragraph (a)—
i
for “‘open-ended investment company’” substitute “‘an open-ended investment company’”
ii
for “75(8) of the Financial Services Act 1986” substitute “236 of the Financial Services and Markets Act 2000”;
b
in paragraph (c) for “75(3)(a)” substitute “235(a)”.