Proposal to convert to a non-feeder UCITS: contractual schemesU.K.
This section has no associated Explanatory Memorandum
19.—(1) Section 261S M1 (proposal to convert to a non-feeder UCITS) is amended as follows.
(2) In subsection (1)(b), after “convert into a” insert “ UK ”.
(3) In subsection (7)(a), after “convert into a” insert “ UK ”.
(4) In subsection (9), for paragraphs (a) and (b) substitute—
“(a)specified in rule 11.6.3(2) of the Collective Investment Schemes sourcebook, or
(b)specified in UCITS-related direct EU legislation.”.
Commencement Information
I1Reg. 19 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)
Marginal Citations
M1Section 261S was inserted by S.I. 2013/1388.