Regulation 3 Amendment of regulation 9A (the genuine diversity of ownership condition)

In regulation 9A (the genuine diversity of ownership condition)^f1, in paragraph (8) —

(a)

in the introductory wording omit “which is a Property AIF”, and

(b)

in sub-paragraph (a), insert “, an offshore fund or another authorised investment fund” between “unit trust scheme” and “(a “feeder fund”)”.

Annotations

f1: Regulation 9A was inserted by S.I. 2009/2036 and amended by S.I. 2010/294.