# The Collective Investment in Transferable Securities (Contractual Scheme) Regulations 2013, Paragraph 5


Unless the context otherwise requires and subject to any modification specified in the Table in Part 3 or 4 of this Schedule which has a contrary effect, the general modifications are that—
(a) a reference to a company includes a reference to a relevant scheme;
(b) a reference to a voluntary winding up or a resolution for voluntary winding up of a company is to be ignored;
(c) a reference to a creditor of a company is to be read as a reference to a creditor of a relevant scheme;
(d) a reference to a contributory or to a meeting of contributories is to be ignored;
(e) a reference to the making or recovery of a call is to be ignored;
(f) a reference to a member of a company or to a register or meeting of members is to be ignored;
(g) a reference to the property, assets, estate or effects of a company is to be read as a reference to the property subject to a relevant scheme;
(h) a reference to any books, papers or records belonging to the company is to be read as a reference to books, papers or records affecting or relating to the affairs of, or the property subject to, the relevant scheme;
(i) a reference to an action or proceeding against a company is to be read as a reference to an action or a proceeding brought against the operator for the resolution of any matter relating to a relevant scheme;
(j) a reference to a debt, obligation or liability of a company is to be read as a reference to a debt or liability of a relevant scheme;
(k) a reference to the registrar of companies or to the Accountant in Bankruptcy or to the registrar of companies and the Accountant in Bankruptcy is to be read as a reference to the FCA;
(l) a reference to an officer (other than a past officer) of the company is to be read as a reference to—
(i) a director of the operator or of the depositary; or
(ii) a person employed by the operator or by the depositary; and
(m) a reference to a past officer of the company is to be read as a reference to—
(i) a previous director of the operator or of the depositary;
(ii) someone who is, or was previously, a director of a person who has been replaced as the operator or the depositary, and was a director when that person was the operator or the depositary;
(iii) a person who was previously employed by the operator or by the depositary; or
(iv) someone who is, or was previously, employed by a person who has been replaced as the operator or the depositary, and was so employed when that person was the operator or the depositary.

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Source: https://www.legislation.gov.uk/ukdsi/2013/9780111537756/schedule/2/paragraph/5 (the official version)
Page: https://openlegislation.uk/draft-collective-investment-in-transferable-securities-contractual-scheme-regulations-2013/schedule-2/paragraph-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.