[F1283BReports on derivative instrumentsE+W+S+N.I.
(1)An authorised person who is the management company in relation to a UCITS must report to the Authority at specified intervals of not more than 12 months about any investment in derivative instruments during the specified period to which the report relates.
(2)The report must be in the specified form and contain the specified information.
(3)The Authority must review the regularity and completeness of the information provided by each management company under subsection (1).
(4)In this section, “specified” means specified—
(a)in rules made by the Authority to implement the UCITS directive, or
(b)in any directly applicable Community regulation or decision made under the UCITS directive.]