(1) This section applies where the operator of an authorised contractual scheme proposes to make an alteration to the scheme, other than an alteration -
(a) to which section 261S applies; or
(b) to which Part 4 of the Undertakings for Collective Investment in Transferable Securities Regulations 2011 [S.I. 2011/1613.] (mergers) applies.
(2) The operator must give written notice of the proposal to the FCA.
(3) Any notice given in respect of a proposal to alter the scheme involving a change in the contractual scheme deed must be accompanied by a certificate signed by a solicitor to the effect that the change will not affect the compliance of the deed with the contractual scheme rules.
(4) The operator of an authorised contractual scheme must give written notice to the FCA of any proposal to replace the depositary of the scheme.
(5) The depositary of an authorised contractual scheme must give written notice to the FCA of any proposal to replace the operator of the scheme.
(6) Effec
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