Paragraph 3

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

Sch.3, para.2(k) rev.in pt. by Common Investment 1999 para.8(e)
Sch.3, para.4(a) amended by Common Investment 1999 para.8(f)
Sch 3 am (heading am) by Common Investment (Closure of High Yield Fund) 2003 para 7(1), (11)(a)
Sch 3, para 1 am by Common Investment (Closure of High Yield Fund) 2003 para 7(1), (11)(b)
Sch 3, para 2 am by Common Investment (Closure of High Yield Fund) 2003 para 7(1), (11)(a), (c)

On appointment, the investment manager shall take such steps as are necessary to bring the money, securities and other assets of the fund and any dividends, income and other distributions relating thereto under his management and control.