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Companies Act, 1990
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Adaptation of certain provisions of UCITS Regulations.

258.—Regulations 14, 30, 63, 83 (2) to (7), and 99 to 105 of the UCITS Regulations shall apply to an investment company as they apply to the bodies to which those Regulations relate subject to the following modifications—

(a) a reference in those Regulations to a term or expression specified in the second column of the Table to this section at any reference number shall be construed, where the context admits, as a reference to the term or expression specified in the third column of the said Table at that reference number, and

(b) references to cognate terms or expressions in those Regulations shall be construed accordingly.

TABLE

Ref. No.

Term or expression referred to in UCITS Regulations

Construction of term or expression for purposes of this section

(1)

(2)

(3)

1.

“repurchase”

purchase”

2.

“these Regulations”

“Part XIII of the Companies Act, 1990”

3.

“UCITS”

“investment company”

4.

“unit”

“share”

5

“unit-holder”

“shareholder”