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The Undertakings for Collective Investment in Transferable Securities (Amendment) Regulations 2012

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Amendments to the Financial Services and Markets Act 2000U.K.

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4.  In section 264 (schemes constituted in other EEA States), in subsection (5)—

(a)after “another EEA State” insert “(“the home state”)”;

(b)in paragraph (a)—

(i)for “that State” substitute “the home state”, and

(ii)for “that law” substitute “the law of any EEA State”; and

(c)in paragraph (b), for “that law” substitute “the law of the home state”.

Commencement Information

I1Reg. 4 in force at 24.8.2012, see reg. 1

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