Finance Act 2022

Amendment of paragraph 6(2) of Schedule 1 to Principal Act (financial services - EU funds)

60. The Principal Act is amended, in Part 2 of Schedule 1, in paragraph 6(2), by the insertion of the following clauses after clause (eb):

“(ec) an undertaking for collective investment in transferable securities (within the meaning of Article 1 of Directive 2009/65/EC of the European Parliament and of the Council of 13 July 200931 ) which has been authorised by the competent authority (as defined in point (h) of Article 2(1) of that Directive) of another Member State;

(ed) an EU AIF (as defined in point (k) of Article 4(1) of Directive 2011/61/EU of the European Parliament and of the Council of 8 June 201132 ) managed by an AIFM (as defined in point (b) of Article 4(1) of that Directive) which has been authorised by the competent authority (as defined in point (g) of Article 4(1) of that Directive) of another Member State;”.

31 OJ No. L 302, 17.11.2009, p.32

32 OJ No. L 174, 1.7.2011, p.1