2 Amendment of Article 273
In Article 273 of the 1986 Order (other distributions by investment companies), in paragraph (4)(b)(i) after the words “capital profits” there shall be inserted the words “otherwise than by way of the redemption or purchase of any of the company’s own shares in accordance with Article 170 or 172 in Chapter VII of Part VI”.
Article 273 was amended by section 212(2) of, and paragraph 34 of Schedule 16 to, the Financial Services Act 1986 (c. 60) and further amended by S.I.2001/3649