CHAPTER III U.K. MASTER-FEEDER STRUCTURES

SECTION 1 U.K. Agreement and internal conduct of business rules between feeder UCITS and master UCITS

Subsection 2 U.K. Content of the internal conduct of business rules

Article 18 U.K. Events affecting dealing arrangements

Member States shall ensure that the management company's internal conduct of business rules referred to in the third subparagraph of Article 60(1) of Directive 2009/65/EC shall include at least the following with regard to events affecting dealing arrangements:

(a)

the manner and timing of notification by either UCITS of the temporary suspension and the resumption of the repurchase, redemption or subscription of units of UCITS;

(b)

arrangements for notifying and resolving pricing errors in the master UCITS.