Companies (Investment Companies) (Distribution of Profits) Regulations (Northern Ireland) 2004
These Regulations amend Articles 273 and 274 in Part IX of the Companies (Northern Ireland) Order 1986 (“the 1986 Order”) concerning the distribution of profits of an investment company. The amendments are in further implementation of Article 15.4 of the Second Council Directive 77/91/EEC (O.J. No. L26, 31.1.77, p. 1), on the co-ordination of safeguards in respect of the formation of public limited liability companies and the maintenance and alteration of their capital.