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The Open-Ended Investment Companies Regulations 2001

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Company Directors Disqualification Act 1986 (c. 46)

9.  In Schedule 1 to the Company Directors Disqualification Act 1986 (matters for determining unfitness of directors), for paragraph 5A(1) substitute—

“5A.  In the application of this Part of this Schedule in relation to any person who is a director of an open-ended investment company, any reference to a provision of the Companies Act is to be taken to be a reference to the corresponding provision of the Open-Ended Investment Companies Regulations 2001 or of any rules made under regulation 6 of those Regulations (Financial Services Authority rules).”.

(1)

Paragraph 5A of Schedule 1 was inserted by S.I. 1996/2827.

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