Article 17 Other distributions by investment companiesI1
United Kingdom
(1)
Section 265 of the 1985 Act (other distributions by investment companies)f1 is amended as follows.
(2)
In subsection (4)(a) the words “within the meaning of the Financial Services Act 1986” are repealed.
(3)
After subsection (4) insert—
“(4A)In subsection (4)(a) “recognised investment exchange” and “overseas investment exchange” have the same meaning as in Part 18 of the Financial Services and Markets Act 2000.”.
Annotations
Commencement
- I1
Art. 17 in force at 1.12.2001, see art. 1
Footnotes
- f1
-
Amended by the Financial Services Act 1986 (c. 60), Schedule 16, paragraph 19.