OpenLegislation

Regulation 17 I1

United Kingdom

In Article 14—

(a)

in paragraph (1)—

(i)

for “Article 69 of Directive 2009/65/EC” substitute “ section 4.2.2 of the Collective Investment Schemes sourcebook ”;

(ii)

for “Article 23(1) and (3) of Directive 2011/61/EU” substitute “ section 3.2.2 of the Investment Funds sourcebook ”;

(b)

in paragraph (3)—

(i)

in the first subparagraph, for “Directives 2009/65/EC and 2011/61/EU, develop draft regulatory” substitute “ the UK law in relation to collective investment undertakings, make ”;

(ii)

omit the third subparagraph.

Annotations

Commencement

I1

Reg. 17 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1