Notice of the making of this Statutory Instrument was published in

"Iris Oifigiúil" of 11th September, 2015.

I, MICHAEL NOONAN, Minister for Finance in exercise of the powers conferred on me by section 145 (2) of the Irish Collective Asset-management Vehicles Act 2015 (No. 2 of 2015) and being satisfied as to the matters specified in the said subsection (2), hereby make the following regulations:

1. These Regulations may be cited as the Irish Collective Asset-management Vehicles Act 2015 (Section 145(2)) (Relevant Jurisdictions) Regulations 2015.

2. Each of the places specified in the Schedule is prescribed as a relevant jurisdiction for the purposes of section 145 (1) of the Irish Collective Asset-management Vehicles Act 2015 (No. 2 of 2015).

Schedule

1. British Virgin Islands.

2. Cayman Islands.

GIVEN under the Official Seal of the Minister for Finance,

3 September 2015.

MICHAEL NOONAN,

Minister for Finance.

EXPLANATORY NOTE

(This note is not part of the Instrument and does not purport to be a legal interpretation.)

These Regulations provide for the prescription of the British Virgin Islands and the Cayman Islands for the purposes of s. 145(2) of the Irish Collective Asset-management Vehicles Act 2015 .

Designation as a relevant jurisdiction permits a corporate entity which is a collective investment scheme in that jurisdiction to migrate to Ireland, becoming in the process an ICAV.