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Chapter 1 Investment companies with fixed capital (regs. 24-28) |
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Regulation 24 Application of Chapter 1. |
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Regulation 25 Share capital. |
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Regulation 26 Name. |
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Regulation 27 Issue of redeemable preference shares. |
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Regulation 28 Restriction of Companies Acts. |
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Chapter 2 Investment Companies with Variable capital (regs. 29-35) |
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Regulation 29 Application of Chapter 2. |
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Regulation 30 Share capital. |
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Regulation 31 Name. |
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Regulation 32 Enabling provision regarding purchase of own shares. |
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Regulation 32A Cross investment by sub-funds of an umbrella fund. |
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Regulation 33 Repurchase of shares at request of shareholder and treatment of repurchased shares. |
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Regulation 34 Legal reserve. |
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Regulation 35 Restriction of Companies Acts. |
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Chapter 3 General (reg. 36-36A) |
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Regulation 36 Modification of Companies Act 1963. |
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Regulation 36A Conditions for taking up business applicable to all investment companies. |
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Chapter 4 Provisions applicable to an investment company which has not appointed a management company (regs. 36B-36G) |
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Regulation 36B Application of Chapter 4. |
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Regulation 36C Conditions for taking up business. |
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Regulation 36D Delegation of activities. |
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Regulation 36E Prudential rules. |
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Regulation 36F Application of segregated liability to investment companies established as UCITS. |
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Regulation 36G Application of jurisdiction transfer provisions to investment companies established as UCITS. |
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Chapter 5 Assets of investment companies and responsibilities of trustee (regs. 37-44) |
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Regulation 37 Assets of investment companies. |
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Regulation 38 Trustee. |
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Regulation 39 Obligations of trustee. |
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Regulation 40 Exemption from requirement to have trustee. |
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Regulation 41 Further exemption. |
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Regulation 42 Requirement on Bank to inform EC Commission regarding exemptions. |
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Regulation 43 Liability of trustee. |
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Regulation 44 Prohibition on a single company acting as investment company and trustee. |
