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(3) In that sub-paragraph, in paragraph (a), the words “within the meaning of the Financial Services Act 1986” are repealed.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