SCHEDULETRANSITIONAL PROVISION
PART 2CONVERSION AND CANCELLATION OF EXISTING BEARER UNITS IN OTHER COLLECTIVE INVESTMENT SCHEMES ON OR BEFORE 1 JANUARY 2022
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1
The operator of a collective investment scheme which is not an open-ended investment company may convert or cancel bearer units on or before 1 January 2022 in accordance with this Part.
2
This Part applies as if it were contained within Part 17 of the Financial Services and Markets Act 2000 (“Part 17”) and accordingly-
a
words and expressions used in Part 17 have the same meaning when used in this Part; and
b
references in this Part to particular sections and their associated subsections are references to the relevant provisions of Part 17.