75. Amendment of European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations 2011

The European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations 2011 (S.I. No. 352 of 2011) are amended -

(a) by the insertion of the following Regulation after Regulation 6 but in Part 2:

"6A. Disapplication of sections 1099 to 1110 of Companies Act 2014 to UCITS

For the avoidance of doubt, it is hereby declared that sections 1099 to 1110 of the Companies Act 2014 do not apply to UCITs.",

and

(b) in Regulation 42A, in paragraph (5), in the substituted subsection for subsection (1) of section 376 of the Companies Act 2014, by the substitution of "section 366" for "section 367".