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Regulation 3 Amendment of the Personal Equity Plan Regulations 1989

Original text. Later amendments are not shown.

In regulation 2(1)(b)—

(a)

insert at the appropriate place the following definition—

  • ““the New Collective Investment Schemes Sourcebook” means the sourcebook of that name made by the Financial Services Authority under the Financial Services Markets Act 2000;”;

(b)

for the definition of a “Chapter 5 UCITS” substitute—

  • “a “Chapter 5 UCITS” means–

    1. (i)

      in relation to any time on or before 12th February 2007, a UCITS complying with Chapter 5 of the Collective Investment Schemes Sourcebook or Chapter 5 of the New Collective Investment Schemes Sourcebook, and

    2. (ii)

      in relation to any time after 12th February 2007, a UCITS complying with Chapter 5 of the New Collective Investment Schemes Sourcebook;”;

(c)

at the end of the definition of “the first condition” for “or warrant schemes;” substitute “, warrant schemes or Chapter 5 UCITS;”; and

(d)

in the definition of “the second condition” for the words “or warrant scheme” substitute “, warrant scheme or Chapter 5 UCITS,”.