PART 2 AMENDMENTS TO THE COMPANIES LEGISLATION

Companies Act 1985 (c. 6)

37 Share dealing by directors etc.: supplementary provision
1 Paragraph 11 of Schedule 13 to the 1985 Act (share dealing by directors etc.: provision supplementary to sections 324 to 328) is amended as follows.
Amended by the Financial Services Act 1986 (c. 60), Schedule 16, paragraph 25.
2 The existing provision becomes sub-paragraph (1).
3 In that sub-paragraph, in paragraph (a), the words “within the meaning of the Financial Services Act 1986” are repealed.
4 After that sub-paragraph, insert—

“2 “Unit trust scheme” and “authorised unit trust scheme” have the meaning given in section 237 of the Financial Services and Markets Act 2000.”

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