Amendment of the principal Regulations

Amendment of the Schedule22.

(1)

The Schedule (abbreviations and defined expressions) is amended as follows.

(2)

In Part 2 (index of expressions defined or otherwise explained in these Regulations)—

(a)

omit the entries relating to “Prospectus (in Part 4A)”, “distribution” and “distribution accounts” and

(b)

insert, at the appropriate alphabetical place in each case—

Distribution

Regulation 15(1)(b)

Elective FINROF (in Part 6A)

Regulation 85F

FINROF (in Part 6A)

Regulation 85A

Gross asset value (in Part 6A)

Regulation 85C

Income allocation

Regulation 15(1)(a)

Investment condition (in Part 6A)

Regulation 85D

Non-reporting fund (in Part 6A)

Regulation 85C

Offshore fund (in Part 6A)

Regulation 85C

Offshore Funds Regulations (in Part 6A)

Regulation 85C

Prospectus

Regulation 8

Reporting fund (in Part 6A)

Regulation 85C

Statement of Recommended Practice

Regulation 8