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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 12 May 2011 - onwards
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Regulation 31 Winding up by the court

(1) Where an open-ended investment company is wound up as an unregistered company under Part V of the 1986 Act or Part 6 of the 1989 Order, the provisions of that Act or that Order apply for the purposes of the winding up with the following modifications.

(2) A petition for the winding up of an open-ended investment company may be presented by the depositary of the company as well as by any person authorised under section 124 of the 1986 Act or Article 104 of the 1989 Order (application for winding up) or section 124A of that Act or Article 104A of that Order (petition for winding up on grounds of public interest), as those sections or Articles apply by virtue of Part V of that Act or Part 6 of that Order, to present a petition for the winding up of the company.

(3) Where a petition for the winding up of an open ended investment company is presented by a person other than the Authority -

(a) that person must serve a copy of the petition on the Authority; and

(b) the Authority is entit

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