|Made||14th June 2004|
|Coming into operation||2nd August 2004|
(3A) The excluded businesses are the following -
(3B) For the purposes of paragraphs (3) and (3A) -
and rights or interests in those investments;
(f) "trustee" and "the operator" shall, in relation to a collective investment scheme, be construed in accordance with section 237(2) of the Financial Services and Markets Act 2000.
(3C) Paragraph (3B) must be read with -
(3D) Where -
any transfer to that person of the shares mentioned in sub-paragraph (a) shall have the same effect as it would have had if their original acquisition by the subsidiary had not been in contravention of the prohibition.".
In paragraph (4) of Article 33 of the Companies (Northern Ireland) Order 1986 -
In paragraph (5) of Article 33 of the Companies (Northern Ireland) Order 1986 for the words "after the coming into operation of that Article" there shall be substituted the words "on or after 2nd August 2004.".
5. - (1) In the Companies (Northern Ireland) Order 1986 the following definition shall be inserted at the appropriate place in Article 2(3) (general interpretation) -
(2) In Article 270(1) of that Order (minor definitions for Part VIII), the definition of "EEA State" shall be omitted.
(3) The following entry shall be inserted at the appropriate place in the index of defined expressions set out in Article 2A of that Order -
|"EEA State||Article 2(3)"|
(4) In the index of defined expressions set out in Article 270A of that Order, the entry relating to "EEA State" shall be omitted.
Sealed with the Official Seal of the Department of Enterprise, Trade and Investment on
14th June 2004.
A senior officer of the Department of Enterprise, Trade and Investment