{
  "url": "https://openlegislation.uk/common-investment-closure-of-high-yield-fund-scheme-2003",
  "json_url": "https://openlegislation.uk/common-investment-closure-of-high-yield-fund-scheme-2003.json",
  "id": "uksi/2003/778",
  "title": "The Common Investment (Closure of High Yield Fund) Scheme 2003",
  "short_title": "Common Investment (Closure of High Yield Fund) 2003",
  "long_title": "This instrument effects the merger of the High Yield Fund, one of the common investment funds established under section 42 of the Administration of Justice Act 1982, into the other (the Capital Fund), and makes consequential amendments to the Common Investment Scheme 1991 (S.I. 1991/1209).",
  "citation": "S.I. 2003/778",
  "type": "uksi",
  "year": "2003",
  "number": "778",
  "version": "current",
  "date": "2003-03-05",
  "revised": false,
  "valid_from": null,
  "extent": null,
  "unapplied_effects": 2,
  "provisions": [
    {
      "path": "introduction",
      "kind": "introduction",
      "number": null,
      "heading": "Introductory text",
      "url": "https://openlegislation.uk/common-investment-closure-of-high-yield-fund-scheme-2003/introduction",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "section/1",
      "kind": "section",
      "number": "1",
      "heading": "Citation and commencement",
      "url": "https://openlegislation.uk/common-investment-closure-of-high-yield-fund-scheme-2003/section-1",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "section/2",
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      "heading": "Interpretation",
      "url": "https://openlegislation.uk/common-investment-closure-of-high-yield-fund-scheme-2003/section-2",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "section/3",
      "kind": "section",
      "number": "3",
      "heading": "Valuation of funds and ascertainment of number of additional units in Capital Fund",
      "url": "https://openlegislation.uk/common-investment-closure-of-high-yield-fund-scheme-2003/section-3",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "section/4",
      "kind": "section",
      "number": "4",
      "heading": "Merger of High Yield Fund into Capital Fund",
      "url": "https://openlegislation.uk/common-investment-closure-of-high-yield-fund-scheme-2003/section-4",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "section/5",
      "kind": "section",
      "number": "5",
      "heading": "Dividends",
      "url": "https://openlegislation.uk/common-investment-closure-of-high-yield-fund-scheme-2003/section-5",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "section/6",
      "kind": "section",
      "number": "6",
      "heading": "Retention for liabilities and final dividend of High Yield Fund",
      "url": "https://openlegislation.uk/common-investment-closure-of-high-yield-fund-scheme-2003/section-6",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "section/7",
      "kind": "section",
      "number": "7",
      "heading": "Consequential amendments to the Principal Scheme",
      "url": "https://openlegislation.uk/common-investment-closure-of-high-yield-fund-scheme-2003/section-7",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "signature",
      "kind": "signature",
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      "heading": "Signature",
      "url": "https://openlegislation.uk/common-investment-closure-of-high-yield-fund-scheme-2003/signature",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "note",
      "kind": "note",
      "number": null,
      "heading": "Explanatory note",
      "url": "https://openlegislation.uk/common-investment-closure-of-high-yield-fund-scheme-2003/note",
      "extent": null,
      "status": null,
      "parent": null
    }
  ],
  "has_text": true,
  "pdfs": [
    {
      "title": "Printed copy",
      "main": true,
      "language": null,
      "date": "2008-12-04",
      "size": null,
      "url": "https://openlegislation.uk/common-investment-closure-of-high-yield-fund-scheme-2003/pdf/uksi_20030778_en.pdf",
      "source_url": "https://www.legislation.gov.uk/uksi/2003/778/pdfs/uksi_20030778_en.pdf"
    }
  ],
  "outstanding_effects": [
    {
      "type": "am",
      "affected_provisions": "para 2 defn(s)",
      "affecting": "uksi/2003/1027",
      "affecting_title": "The Common Investment (Closure of High Yield Fund) (Amendment) Scheme 2003",
      "affecting_provisions": "para 2"
    },
    {
      "type": "rev",
      "affected_provisions": null,
      "affecting": "uksi/2004/266",
      "affecting_title": "The Common Investment Scheme 2004",
      "affecting_provisions": "para 7"
    }
  ],
  "made_under": [
    {
      "id": "ukpga/1982/53",
      "title": "Administration of Justice Act 1982",
      "url": "https://openlegislation.uk/administration-of-justice-act-1982",
      "provisions": [
        "section/42"
      ]
    }
  ],
  "changes_made_to": 2,
  "changes_made_to_url": "https://openlegislation.uk/common-investment-closure-of-high-yield-fund-scheme-2003/changes.json",
  "changes_made_by": 15,
  "changes_made_by_url": "https://openlegislation.uk/common-investment-closure-of-high-yield-fund-scheme-2003/changes/by-it.json",
  "instruments_made_under": 0,
  "instruments_made_under_url": "https://openlegislation.uk/common-investment-closure-of-high-yield-fund-scheme-2003/instruments.json",
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2003/778",
    "retrieved_at": "2026-10-29T06:27:51.560195+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."
}