Regulation 36 Application for authorisation
(1) Regulation 9 is amended as follows.
(2) In paragraph (1) omit "UK".
(3) In paragraph (2) -
(a) omit sub-paragraph (b);
(b) in sub-paragraph (c) -
(i) omit "or by the competent authorities of an EEA UCITS involved in the merger";
(ii) in paragraph (i) omit "the type of merger and of".
(4) Omit paragraphs (3) and (5).
(5) In paragraph (8) -
(a) in sub-paragraph (b) for "UK" substitute "merging";
(b) for sub-paragraph (c) substitute -
"(c) the receiving UCITS gave the Authority notice of its intention to market its units in another EEA State and, before IP completion day, that notification was transmitted under Article 93 of the UCITS directive to the competent authorities of those EEA States in which the merging UCITS was able to market its units; and";
(c) for sub-paragraph (d), substitute -