# The Charities (The Peabody Donation Fund) Order 1997, Paragraph 4: Investment Manager


The Governors 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 of repute with at least 15 years experience of investment management who is an authorised person within the meaning of the Financial Services Act 1986 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;

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Source: https://www.legislation.gov.uk/uksi/1997/1711/schedule/1/paragraph/4 (the official version)
Page: https://openlegislation.uk/charities-the-peabody-donation-fund-order-1997/schedule-1/paragraph-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.