The Central Bank clarified the position with regard to consistency between the sole object provisions of the ICAV Act 2015 and the UCITS Regulations from 20112012 and 2014. A UCITS ICAV’s instrument of incorporation should include the text set out in section 6(3)(a) of the ICAV Act 2015 which will also satisfy the requirements of the UCITS Regulations. This clarification is set out in an updated UCITS Q&A (6th edition dated 15 July 2015) at Q&A 1014, pg. 5.