35.—(1) Regulation 8 is amended as follows.
(2) In paragraph (1) M1, for the words from “involving” to the end substitute “ which is a merger where the UK UCITS involved (or, if two or more are involved, at least one of them) has given notice to the Authority under paragraph 20B of Schedule 3 to the Act M2, and which takes the form of a merger by scheme of arrangement ”.
(3) Omit paragraphs (2) and (3).
(4) In paragraph (4)—
(a)in sub-paragraph (a)—
(i)after “transferor” insert “ UK ”;
(ii)after “of a” insert “ UK ”;
(b)in sub-paragraph (b)—
(i)in paragraph (ii) after “existing” insert “ UK ”;
(ii)in paragraph (iii) after “a” insert “ UK ”.
Commencement Information
I1Reg. 35 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
M1Regulation 8(1) was amended by S.I. 2012/2015 and S.I. 2013/1388.
M2Paragraph 20B of Schedule 3 was inserted by S.I. 2011/1613; amended by Schedule 4 to the Financial Services Act 2012 and S.I. 2013/1773.