{
  "url": "https://openlegislation.uk/authorised-unit-trust-scheme-investment-and-borrowing-powers-regulations-1988/regulation-14",
  "json_url": "https://openlegislation.uk/authorised-unit-trust-scheme-investment-and-borrowing-powers-regulations-1988/regulation-14.json",
  "legislation": "uksi/1988/284",
  "legislation_title": "The Authorised Unit Trust Scheme (Investment and Borrowing Powers) Regulations 1988",
  "legislation_url": "https://openlegislation.uk/authorised-unit-trust-scheme-investment-and-borrowing-powers-regulations-1988",
  "path": "regulation/14",
  "kind": "regulation",
  "number": "14",
  "heading": "Limitation on investment in schemes managed by manager or associated company",
  "text": "None of the property of an authorised securities scheme shall consist of units in another collective investment scheme which is managed or operated by the manager of the former scheme or by another company in the same group as the manager or which is managed or operated by any person who is a controller of the manager or of whom the manager is a controller unless—\n(a) the deed or other instrument constituting the latter scheme states that its object is investment in a particular geographic area or economic sector; and\n(b) both the deed constituting the former scheme and its scheme particulars clearly state that property of the scheme may be invested in such units.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1988/284/regulation/14",
    "retrieved_at": "2026-10-29T16:11:24.323440+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}