# The Authorised Unit Trust Scheme (Investment and Borrowing Powers) Regulations 1988, Regulation 24: Money market funds: limitation of ability to invest in long dated instruments


A least 50% in value of the property of a money market fund shall consist of instruments, deposits or loans which are redeemable or repayable within two weeks or which are capable of being transferred without the consent of a third party.

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Source: https://www.legislation.gov.uk/uksi/1988/284/regulation/24 (the official version)
Page: https://openlegislation.uk/authorised-unit-trust-scheme-investment-and-borrowing-powers-regulations-1988/regulation-24
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.