36.—(1) Regulation 9 is amended as follows.
(2) In paragraph (1) omit “UK”.
(3) In paragraph (2)—
(a)omit sub-paragraph (b);
(b)in sub-paragraph (c)—
(i)omit “or by the competent authorities of an EEA UCITS involved in the merger”;
(ii)in paragraph (i) omit “the type of merger and of”.
(4) Omit paragraphs (3) and (5).
(5) In paragraph (8)—
(a)in sub-paragraph (b) for “UK” substitute “ merging ”;
(b)for sub-paragraph (c) substitute—
“(c)the receiving UCITS gave the Authority notice of its intention to market its units in another EEA State and, before [F1IP completion day], that notification was transmitted under Article 93 of the UCITS directive to the competent authorities of those EEA States in which the merging UCITS was able to market its units; and”;
(c)for sub-paragraph (d), substitute—
“(d)the Authority is satisfied with the proposed information to be provided to unit-holders.”.
(6) Omit paragraph (10).
Textual Amendments
F1Words in reg. 36(5)(b) substituted (30.12.2020) by The Financial Services and Economic and Monetary Policy (Consequential Amendments) (EU Exit) Regulations 2020 (S.I. 2020/1301), regs. 1, 3, Sch. para. 18(c)
Commencement Information
I1Reg. 36 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)