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Paragraph 1 Investment Manager

Original text. Later amendments are not shown.

The Trustees may appoint as the Investment Manager for the Charity a person whom they are satisfied after inquiry is a proper and competent person to act in that capacity and who is either:

(a)

an individual or repute with at least 15 years experience of investment management who is an authorised person within the meaning of the Financial Services Act 1986f1 or

(b)

a company or firm of repute which is an authorised or exempted person within the meaning of that Act otherwise than by virtue of section 45(1)(j) of that Act.

Annotations

Footnotes

f1

1986 c. 60.