Citation, commencement and effect3
In regulation 2(1)(b)—
a
insert at the appropriate places the following definitions—
a “Chapter 5 UCITS” means a UCITS complying with Chapter 5 of the Collective Investment Schemes Sourcebook;
“the Collective Investment Schemes Sourcebook” means the sourcebook of that name made by the Financial Services Authority under the Financial Services and Markets Act 2000;
b
in the definition of a “relevant UCITS”4 omit the words following paragraph (ii);
c
in the definition of “units in, or shares of, a relevant UCITS” omit “relevant” in both places it appears.