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The Open-Ended Investment Companies (Investment Companies with Variable Capital) Regulations 1996
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Statement by depositary ceasing to hold office
6.—(1) This paragraph applies where copies of a statement have been sent to shareholders under paragraph 5 above.
(2) The depositary who made the statement has, notwithstanding that it has ceased to hold office, the rights conferred by paragraph 4(1)(a) to (c) above in relation to the general meeting of the company next following the date on which the copies were sent out.
(3) The reference in paragraph 4(1)(c) above to business concerning the depositary as depositary shall be construed in relation to a depositary who has ceased to hold office as a reference to business concerning it as former depositary.
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