Irish Collective Asset-Management Vehicles Act 2015

159.

Meaning of remedial step

159. For the purposes of sections 158 , 160 and 163 , the remedial step is whichever of the following applies:

(a) in the case of the ground for striking off set out in section 156 (a) , having brought itself into compliance with section 13 ;

(b) in the case of the ground for striking off set out in section 156 (b) , having applied for or been granted authorisation under section 18 ;

(c) in the case of the ground for striking off set out in section 156 (c) or (d) , having provided to the Bank the details of the liquidator and of up to date periodic statements having been furnished;

(d) in the case of the ground for striking off set out in section 156 (e) , having given notification to the Bank under section 65 (6) of the appointment of at least 2 directors of the ICAV.