The Undertakings for Collective Investment in Transferable Securities (Amendment) Regulations 2012 No. 2015

Amendments to the Financial Services and Markets Act 2000 U.K.

4.  In section 264 (schemes constituted in other EEA States), in subsection (5)—

(a) after “another EEA State” insert “(“the home state”)”;

(b) in paragraph (a)—

(i) for “that State” substitute “the home state”, and

(ii) for “that law” substitute “the law of any EEA State”; and

(c) in paragraph (b), for “that law” substitute “the law of the home state”.

Commencement Information

I1 Reg. 4 in force at 24.8.2012, see reg. 1