21. In section 261X M1(directions), in subsection (1)(b)—
(a)in sub-paragraph (ii), for the words from “any” to “UCITS directive” substitute “ UCITS-related direct EU legislation; ”;
(b)in sub-paragraph (iii), after “that Regulation” insert “ which constitutes retained direct EU legislation ”.
Commencement Information
I1Reg. 21 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)
Marginal Citations
M1Section 261X was inserted by S.I. 2013/1388 and amended by S.I. 2018/698.