The Undertakings for Collective Investment in Transferable Securities Regulations 2011

The Financial Services and Markets Act 2000 (Regulated Activities) Order 2001

This section has no associated Explanatory Memorandum

1.—(1) The Financial Services and Markets Act 2000 (Regulated Activities) Order 2001(1) is amended as follows.

(2) In article 3(1), for the definition of “management company” substitute—

management company” has the meaning given by Article 2.1(b) of the UCITS directive;.

(3) In article 83(4)(b), for “Article 5(3)” substitute “Article 6(3)”.

(4) In article 84(1D)(b) for “Article 5(3)” substitute “Article 6(3)”.

(5) In article 85(4)(b) for “Article 5(3)” substitute “Article 6(3)”.

(1)

S.I. 2001/544, amended by S.I. 2006/3384; there are other amending instruments but none are relevant.