(1) . . .
(2) . . .
(3) An authorised open-ended investment company is an authorised person.
[(4) A body—
(a) incorporated by virtue of regulations made under section 1 of the Open-Ended Investment Companies Act (Northern Ireland) 2002 in respect of which an authorisation order is in force, and
[(b) which is a UCITS as defined in section 236A,]
is an authorised person.
(5) “Authorisation order” means an order made under (or having effect as made under) any provision of those regulations which is made by virtue of section 1(2)(1) of that Act (provision corresponding to Chapter 3 of Part 17 of the Act).]
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