PART 2Amendments of the Financial Services and Markets Act 2000

Persons concerned in collective investment schemesI132

1

Schedule 5 (persons concerned in collective investment schemes) is amended as follows.

2

In paragraph 1 M1

a

omit sub-paragraphs (1) and (2), and

b

in sub-paragraph (4), for paragraph (b) substitute—

b

which is a UCITS as defined in section 236A,

3

In paragraph 2, omit sub-paragraph (1).