Finance Act 2015
|
Amendment of Part 27 of Principal Act (unit trusts and offshore funds) | ||
|
26. Chapter 1 of Part 27 of the Principal Act is amended in section 734(1)(a) in the definition of “collective investment undertaking”— | ||
(a) by substituting “undertaking,” for “undertaking, and” in subparagraph (iii), | ||
(b) by substituting “investors,” for “investors;” in subparagraph (iv)(II)(B)(cc), and | ||
(c) by inserting the following after subparagraph (iv): | ||
“and | ||
(v) an authorised ICAV (within the meaning of section 2 of the Irish Collective Asset-management Vehicles Act 2015 (No. 2 of 2015));”. |