Companies which are part of the same group for the
purposes of the establishment of consolidated
accounts, as defined in accordance with Directive
83/349/EEC or in accordance with recognised
international accounting rules, are regarded as a single
body for the purpose of calculating the limits contained
in section (3) (a).
A Sub-Fund may cumulatively invest up to 20% of the
assets in transferable securities and money market
instruments within the same group.