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This is the original version (as it was originally made).
Reconstruction or amalgamation
This section has no associated Explanatory Memorandum
35.—(1) Regulation 8 is amended as follows.
(2) In paragraph (1)(), 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(), 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”.
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