# The Collective Investment Schemes (Amendment etc.) (EU Exit) Regulations 2019, Regulation 27: Master-feeder structures

Extent: E+W+S+N.I.

(1) Section 283A (master-feeder structures) is amended as follows.
(2) In subsection (1), for the words from “rules made” to “directive” substitute “ rule 5.2.11(9) of the Collective Investment Schemes sourcebook ”.
(3) In subsection (3)(a)—
(a) for “that the UCITS” substitute “ that the UK UCITS ”;
(b) in sub-paragraph (i) for “Chapter VIII of the UCITS directive,” substitute “ the Chapter 8 provisions, ”.
(4) After subsection (3) insert—
“(3A) In subsection (3)(a)(i) “the Chapter 8 provisions” means—
(a) in relation to a UK UCITS or its operator, trustee or depositary, or auditor, any provision made by or under an enactment in implementation of Chapter 8 of the UCITS directive, and
(b) in relation to an EEA UCITS or its operator, Chapter 8 of the UCITS directive.”

---
Source: https://www.legislation.gov.uk/uksi/2019/325/regulation/27 (the official version)
Page: https://openlegislation.uk/collective-investment-schemes-amendment-etc-eu-exit-regulations-2019/regulation-27
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.