(1) In this Part -

"the Act" means the Financial Services and Markets Act 2000 [2000 c. 8.];

"the Authority" means the Financial Conduct Authority;

"depositary" (a) in relation to a open-ended investment company means the person appointed under regulation 5 of the Open-Ended Investment Companies Regulations 2001; (aa) in relation to an authorised contractual scheme means the person by whom, or to whose order, the property subject to the scheme is held; and (b) in relation to an authorised unit trust scheme means the trustee of the scheme; (c) [deleted]

"feeder UCITS" has the meaning given in section 237(3) of the Act;