Regulation 10 Proposal to convert to a non-feeder UCITS: unit trust schemesI1
United Kingdom
(1)
Section 252A M1 (proposal to convert to a non-feeder UCITS) is amended as follows.
(2)
In subsection (1)(b), after “convert into a” insert “ UK ”.
(3)
In subsection (7)(a), after “convert into a” insert “ UK ”.
(4)
In subsection (9), for paragraphs (a) and (b) substitute—
“(a)specified in rule 11.6.3(2) of the Collective Investment Schemes sourcebook, or
(b)specified in UCITS-related direct EU legislation.”.
Annotations
Marginal citations
- M1
Section 252A was inserted by S.I. 2011/1613 and amended by paragraph 9 of Schedule 18 to the Financial Services Act 2012.
Commencement
- I1
Reg. 10 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)