Regulation 134 Article 51ZD (acting as trustee or depositary of an AIF)

(1)

Article 51ZD^f1 (acting as trustee or depositary of an AIF) is amended as follows.

(2)

In paragraph (2) omit sub-paragraph (b) and the preceding “or”.

(3)

In paragraph (3), for sub-paragraph (a) substitute—

“(a)
a person appointed as a depositary by the AIFM in compliance with a requirement imposed by rule 3.11.10, 3.11.12 or 3.11.33 of the Investment Funds sourcebook; or”.

Annotations

Footnotes

f1: Article 51ZD was inserted by S.I. 2013/1773.