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Regulation 74 The equivalence condition

Original text. Later amendments are not shown.

(1)

The equivalence condition is met if the fund meets condition A or B throughout the period of account.

(2)

Condition A is that the fund is recognised by the Financial Services Authority within the meaning of section 264, 270 or 272 of FISMA 2000.

(3)

Condition B is that the fund is a UCITS fund.