PART 4Other amendments of subordinate legislation
Open-Ended Investment Companies Regulations 2001I152
1
The Open-Ended Investment Companies Regulations 2001 M1 are amended as follows.
2
After regulation 2(3) M2 insert—
4
Any reference in these Regulations to the Collective Investment Schemes sourcebook is a reference to the Collective Investment Schemes sourcebook made under the Act by the Authority, as it has effect on exit day.
3
In regulation 15(6) M3—
a
after “body corporate which” insert “
is incorporated in the UK,
”
;
b
after “managing a” insert “
UK
”
;
4
In regulation 15(8)(a) M4, omit “or another EEA State”.
5
In regulation 17(1) M5, for “enjoy the rights conferred by the UCITS directive” substitute “
be a UCITS
”
.
6
In regulation 19(1)(a)—
a
in paragraph (i), omit “or”;
b
in paragraph (ii) after “Regulations 1989;” insert “
or
”
;
c
after regulation 19(1)(a)(ii), insert—
iii
UK Economic Interest Grouping;
7
8
Omit regulation 29A M8.
9
In regulation 29B M9—
a
in paragraph (1), in sub-paragraph (a), after “made” insert “
by or under any enactment
”
;
b
omit paragraphs (2) and (3).
10
In regulation 33A(4)(b) M10, after “convert into a” insert “
UK
”
.
11
In regulation 33B(2)(b) M11, after “convert into a” insert “
UK
”
.
12
In regulation 70 M12, for “within the meaning of Article 2.1(p) of the UCITS directive” substitute “
to which Part 4 of the Undertakings for Collective Investment in Transferable Securities Regulations 2011 applies
”
.
13
In Schedule 5, in paragraph 4(5A) M13 for “for the purpose of implementing the UCITS directive or any commission directive made under the UCITS directive” substitute “
that are UCITS
”
.