PART 3Amendments of the Undertakings for Collective Investment in Transferable Securities Regulations 2011

Depositary liability: general provisions42.

In regulation 15B M1

(a)

in paragraph (1) after “depositary of a” insert “ UK ”;

(b)

in paragraph (2)(a) for “Article 22a of the UCITS directive” substitute “ rules 6.6B.25, 6.6B.26 and 6.6B.27 of the Collective Investment Schemes sourcebook ”.