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13.—(1) In section 199(8) of the Companies Act 1985(1) (definition of “UCITS”), for the words from “Council Directive 85/611/EEC” to “transferable securities”, substitute “Council Directive 85/611/EEC on the co-ordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities, as last amended by European Parliament and Council Directive 2001/108/EC”.(2)
(2) In regulation 2(1)(b) of the Personal Equity Plan Regulations 1989(3) (interpretation), in the definition of “UCITS”, for “Council Directive 85/611”, substitute “Council Directive 85/611/EEC, as last amended by European Parliament and Council Directive 2001/108/EC”.
(3) In Part 3 of Schedule 1 to the Local Government Pension Scheme (Management and Investment of Funds) Regulations 1998(4) (interpretation), in the definition of “open-ended investment company”, for the words from “Council Directive No. 85/611/EEC” to “as amended” substitute “Council Directive No. 85/611/EEC co-ordinating the laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities, as last amended by European Parliament and Council Directive No. 2001/108/EC”.
(4) In regulation 2(1)(b) of the Individual Savings Account Regulations 1998(5) (interpretation), in the definition of “UCITS”, for “Council Directive 85/611”, substitute “Council Directive 85/611/EEC, as last amended by European Parliament and Council Directive 2001/108/EC”.
(5) In the Schedule to the Cross-Border Credit Transfer Regulations 1999(6), for “Directive 85/611/EEC”, substitute “Directive 85/611/EEC, as last amended by Directive 2001/108/EC”.
(6) In regulation 2(1) of the Personal Pension Schemes (Restriction on Discretion to Approve) (Permitted Investments) Regulations 2001(7) (interpretation), in the definition of “UCITS”, for “Council Directive 85/611”, substitute “Council Directive 85/611/EEC, as last amended by European Parliament and Council Directive 2001/108/EC”.
(7) In the Open-Ended Investment Companies Regulations 2001(8)—
(a)in regulation 2(1) (interpretation), omit the definition of “the UCITS Directive”; and
(b)in regulation 17(1) (certificates), for “the UCITS Directive”, substitute “the UCITS directive”.
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