Regulation 19 Proposal to convert to a non-feeder UCITS: contractual schemes

(1)

Section 261S^f1 (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.”.

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