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19. In regulation 3(1) of the Uncertificated Securities Regulations 1995 (interpretation) in the definition of “unit of a security”—
(a)in paragraph (1) after “Regulations 1996” there shall be inserted “or the Open-Ended Investment Companies (Investment Companies with Variable Capital) Regulations (Northern Ireland) 1997)”; and
(b)at the end of that definition there shall be inserted “or of the Open-Ended Investment Companies (Investment Companies with Variable Capital) Regulations (Northern Ireland) 1997.”.
20. At the end of regulation 19(9)(2) after “Regulations 1996” there shall be “inserted” “or the Open-Ended Investment Companies (Investment Companies with Variable Capital) Regulations (Northern Ireland) 1997.”.
S.I. 1995/3272 Regulation 3(1) was amended by regulation 85 of, and paragraph 27 of Schedule 8 to, S.I. 1996/2827
Paragraph (9) was inserted by regulation 75 of and paragraph 28 of Schedule 8 to S.I. 1996/2827
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