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5. In Article 228(1) of the 1986 Order(1) (definitions for Part VII) omit the definition of “investment company with variable capital” and insert after the definition of “material interest” –
““open-ended investment company” has the same meaning as in the Open-Ended Investment Companies Regulations (Northern Ireland) 2004;”.
Article 228(1) was substituted by S.R. 1994 No. 2 and amended by S.R. 1997 No. 251 and S.I. 2001/3649
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