Paragraph 627

(1)

Amend section 488 (meaning of “open-ended investment company etc”) as follows.

(2)

In subsection (1)—

(a)

for “section 468A(2) and (3) of ICTA” substitute “ sections 613 and 615(3) of CTA 2010 ”, and

(b)

for “section 468A of that Act” substitute “ Chapter 2 of Part 13 of that Act ”.

(3)

In subsection (2) for “section 468A(4) of ICTA” substitute “ section 615 of CTA 2010 ”.