Article 12 Modification or waiver of rules

In regulation 7 (modification or waiver of FSA rules) of the Open-Ended Investment Companies Regulations 2001^f1—

(a)

omit paragraph (3)(a);

(b)

in paragraph (3)(b), for “authorised person (except in subsection (4)(a))” substitute “person”;

(c)

in paragraph (4)(a),(b) and (d), omit “authorised”.

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