(1) Where -
(a) an investment company, or
(b) for each of the common contractual funds and unit trusts it manages, a management company,
draws up, provides, revises and translates a document which complies with the requirements applicable to a key information document under the PRIIPs Regulation, the Bank shall regard that document as satisfying the requirements applicable to key investor information under Regulations 98 to 102 and Regulation 118.
(2) Where -
(a) an investment company, or
(b) for any of the common contractual funds and unit trusts it manages, a management company,
draws up, provides, revises and translates a document which complies with the requirements applicable to a key information document under the PRIIPs Regulation, the Bank shall not require the investment company or management company, as the case may be, to draw up key investor information in accordance with Regulations 98 to 102 and Regulation 118.
(3) In this Regulation -
‘PRIIPs Regulation’ means Regula
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