The Undertakings for Collective Investment in Transferable Securities Regulations 2011

M1M2The Treasury are a government department designated for the purposes of section 2(2) of the European Communities Act 1972 in relation to collective investment in transferable securities and other liquid assets, and to measures relating to investment firms and the provision of investment services.

M3A draft of these Regulations has been laid before and approved by a resolution of each House of Parliament in accordance with paragraph 2 of Schedule 2 to the European Communities Act 1972, and section 429(2) of the Financial Services and Markets Act 2000 .

The Treasury, in exercise of the powers conferred on them under section 2(2) of the European Communities Act 1972 and by sections 262, and 428 of the Financial Services and Markets Act 2000, make these Regulations.