The Regulations of 1989 are hereby amended -
(a) in Regulation 2(1), by the substitution for the definition of "the Directive" of the following definition:
"'the Directive' means the Council Directive of 20 December, 1985 (85/611/EEC) on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (UCITS) as amended by Council Directive of 22 March, 1988 (88/220/EEC) and European Parliament and Council Directive of 29 June, 1995 (95/26/EC);".
(b) after Regulation 5, by the insertion of the following regulation:
"Application of certain provisions
5A. Regulations 83(2) (dd), (2A) and (8), and 95 to 97E (inserted by the European Communities (Undertakings for Collective Investment in Transferable Securities) (Amendment) Regulations, 1999 (S.I. No. 50 of 1999)) shall apply without prejudice to the provisions of section 16 (as amended) of the Central Bank Act, 1989 (No. 16 of 1989).".
(c) in Regulation