Regulation 134 Article 51ZD (acting as trustee or depositary of an AIF)C1I1
United Kingdom
Article 51ZD M1 (acting as trustee or depositary of an AIF) is amended as follows.
In paragraph (2) omit sub-paragraph (b) and the preceding “or”.
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
Marginal citations
- M1
Article 51ZD was inserted by S.I. 2013/1773.
Modifications
- C1
Pts. 3-6 modified in part (31.12.2020) by The Gibraltar (Miscellaneous Amendments) (EU Exit) Regulations 2019 (S.I. 2019/680), regs. 1(2), 11(1)(4)(5) (with reg. 11(8)-(10)) (as amended by S.I. 2020/1301, regs. 1, 3, Sch. para. 40(f)); 2020 c. 1, Sch. 5 para. 1(1)
Commencement
- I1
Reg. 134 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(3)