Exhibit 99.B(a)(xiv)

AMENDMENT NO. 3, DATED AS OF SEPTEMBER 30, 2014, TO DECLARATION OF TRUST OF H&Q LIFE SCIENCES INVESTORS

WHEREAS, H&Q Life Sciences Investors (the “Trust”) is a Massachusetts business trust established and existing pursuant to the Declaration of Trust made on February 20, 1992, and amended by Amendment No. 1 dated March 16, 1992, and Amendment No. 2 dated as of May 3, 2011 (the “Declaration of Trust”);

WHEREAS, the trustees of the Trust (the “Trustees”) have determined that the Declaration of Trust should be amended to change the name of the Trust as hereinafter set forth (the “Amendment”);

WHEREAS, pursuant to Section 8.3 of the Declaration of Trust, the Trustees may amend the Declaration of Trust to change the name of the Trust without the vote or consent of the Shareholders;

NOW, THEREFORE, IT IS agreed as follows:

1. Amendment to the Declaration of Trust. Section 1.1 of the Declaration of Trust is hereby amended to delete the name “the ‘H&Q Life Sciences Investors’” and insert the name “Tekla Life Sciences Investors” such that Section 1.1 shall read in its entirety as follows:

“The name of the Trust created hereby is “Tekla Life Sciences Investors.”

2. Defined Terms; Confirmation of Other Terms of the Declaration of Trust. Any capitalized or other term used herein and not defined herein and which is defined in the Declaration of Trust, shall have the meaning assigned to it in the Declaration of Trust. The Declaration of Trust, as amended as provided herein, is hereby confirmed as being in full force and effect in accordance with its terms.

3. Effective Date. This Amendment shall be effective as of October 15, 2014.

4. Counterparts. This instrument may be simultaneously executed in several counterparts, each of which shall be deemed to be an original, and such counterparts, together, shall constitute one and the same instrument, which shall be sufficiently evidenced by any such original counterpart.

IN WITNESS WHEREOF, the undersigned have executed this instrument as of the 30th day of September, 2014.

/s/ Michael W. Bonney		/s/ Rakesh K. Jain
Michael W. Bonney		Rakesh K. Jain


/s/ Daniel R. Omstead		/s/ Oleg M. Pohotsky
Daniel R. Omstead, Ph.D.		Oleg M. Pohotsky


/s/Willian S. Reardon		/s/ Uwe E. Reinhardt
William S. Reardon		Uwe E. Reinhardt


/s/ Lucinda H. Stebbins
Lucinda H. Stebbins