PART IIISPECIFIC MODIFICATIONS OF CHAPTER III OF PART XII OF THE TAXES ACT (UNIT TRUST SCHEMES)

Modifications of section 468AA11

1

Section 468AA14 shall be modified in accordance with paragraphs (2) and (3).

2

In subsection (1)—

a

for the word “Trustees” (where it first occurs) there shall be substituted the words “An open-ended investment company”;

b

subsection (b) and the word “and” immediately preceding it shall be omitted.

3

Subsection (3) shall be omitted.