Part XVII

Collective Investment Schemes
CHAPTER
3A

AUTHORISED CONTRACTUAL SCHEMES

Powers of intervention

Information for feeder UCITS
261Z5
1
The
FCA
must immediately inform the operator of any authorised contractual scheme which is a feeder
UCITS
of an authorised unit trust scheme, an authorised contractual scheme or an authorised open-ended investment company (the master
UCITS
) of—
a
any failure of which the
FCA
becomes aware by the master
UCITS
to comply with a provision made
by or under any enactment
in implementation of Chapter
VIII
of the
UCITS
directive;
b
any warning notice or decision notice given to the master
UCITS
in relation to a contravention of any provision made in implementation of Chapter
VIII
of the
UCITS
directive by or under any enactment or in rules of the
FCA
;
c
any information reported to the
FCA
pursuant to rules of the
FCA
made to implement Article 106(1) of the
UCITS
directive which relates to the master
UCITS
, or to one or more of its directors, or its management company, trustee, depositary or auditor.
2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Pt. 17 modified (20.2.2019) by The Collective Investment Schemes (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/325), regs. 1(3), 62 (as amended (31.1.2020 immediately before exit day) by The Financial Services (Consequential Amendments) Regulations 2020 (S.I. 2020/56), regs. 1, 12(b))
Words in s. 261Z5(1)(a) inserted (31.12.2020) by The Collective Investment Schemes (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/325), regs. 1(2), 24(2) (with savings in S.I. 2019/680, reg. 11); 2020 c. 1, Sch. 5 para. 1(1)
Pt. 17 Ch. 3A inserted (6.6.2013) by The Collective Investment in Transferable Securities (Contractual Scheme) Regulations 2013 (S.I. 2013/1388), regs. 1, 3(12) (with reg. 24)
S. 261Z5(2)(3) omitted (31.12.2020) by virtue of The Collective Investment Schemes (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/325), regs. 1(2), 24(3) (with savings in S.I. 2019/680, reg. 11); 2020 c. 1, Sch. 5 para. 1(1)