Regulation 6 Amendments to the Principal Regulations

In regulation 5(1) after the words “at the price” there shall be inserted the word “for” and for the word “fetch” there shall be substituted the words “be sold, purchased or otherwise transacted as the case may be”.

In regulation 5(2) in sub-paragraph (a) the words “(and is entitled under the provisions of these Regulations to hold)” shall be omitted.

In regulation 5(3) the words “which he is entitled to hold” shall be omitted.

In regulation 5(5) for the words “or in an investment trust” there shall be substituted the words “, in a fund of funds or in an investment trust satisfying in each case the condition specified in regulation 6(3)(b)” and after the words “authorised unit trusts” there shall be inserted the words “, funds of funds”.