OpenLegislation

Regulation 32 Persons concerned in collective investment schemesI1

United Kingdom

(1)

Schedule 5 (persons concerned in collective investment schemes) is amended as follows.

(2)

In paragraph 1 M1—

(a)

omit sub-paragraphs (1) and (2), and

(b)

in sub-paragraph (4), for paragraph (b) substitute—

“(b)

which is a UCITS as defined in section 236A,”.

(3)

In paragraph 2, omit sub-paragraph (1).

Annotations

Marginal citations

M1

Paragraphs 1(4) and (5) were inserted by S.I. 2003/2066.

Commencement

I1

Reg. 32 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)