SCHEDULE 5Amendments to other secondary legislation

Investment Trust (Approved Company) (Tax) Regulations 201115

In regulation 45(6)(b) of the Investment Trust (Approved Company) (Tax) Regulations 2011 M1 (index tracking funds), for the words from “Directive” to “(see article 4.1(14))” substitute “ Directive 2014/65/EU of the European Parliament and of the Council on markets in financial instruments (see article 4.1.21) ”.