"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;
"implementing provision" means a requirement that is imposed - (a) by these Regulations; or (b) by or under the Act, if the provision implemented the UCITS directive;
"manager" means - (a) in relation to an open-ended investment company, the directors of that company, (aa) in relation to an authorised contractual scheme, the operator of that scheme,
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