Regulation 41 Division of a master UCITS

(1)

Regulation 15 is amended as follows.

(2)

In paragraph (2)—

(a)

after “a master UCITS” insert “which is a UK UCITS and”;

(b)

after “two or more” insert “UK”.

(3)

In paragraph (3) for “competent authorities of each of its feeder UCITS” substitute “Authority”.

(4)

In paragraph (5)^f1 after “feeder UCITS in the” insert “UK”.

Annotations