41.—(1) Regulation 15 is amended as follows.
(2) In paragraph (2)—
(a)after “a master UCITS” insert “ which is a UK UCITS and ”;
(b)after “two or more” insert “ UK ”.
(3) In paragraph (3) for “competent authorities of each of its feeder UCITS” substitute “ Authority ”.
(4) In paragraph (5) M1 after “feeder UCITS in the” insert “ UK ”.
Commencement Information
I1Reg. 41 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
M1Paragraph 5 was amended by S.I. 2013/472.