Companies Act 2014
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PART 24 INVESTMENT COMPANIES | ||
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CHAPTER 1 Preliminary and interpretation | ||
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Interpretation (Part 24) | ||
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1385. (1) In this Part— | ||
“investment company” has the meaning given to it by section 1386 ; | ||
“Minister” means the Minister for Finance; | ||
“management company” means a company designated by an investment company to undertake the management of the investment company; | ||
“property” means real or personal property of whatever kind (including securities); | ||
“sub-fund” means a portfolio of assets and liabilities maintained by an investment company in accordance with its articles and which has been approved by the Central Bank as a separate sub-fund of the investment company; | ||
“UCITS Regulations” means the European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations 2011 ( S.I. No. 352 of 2011 ); | ||
“umbrella fund” means an investment company which has one or more sub-funds and which is authorised by the Central Bank pursuant to section 1395 . | ||
(2) For the purposes of the application by this Part of certain provisions of the UCITS Regulations to investment companies, those provisions shall be read as one with this Part. |