{
  "url": "https://openlegislation.uk/common-investment-scheme-1991/schedule-3/paragraph-4",
  "json_url": "https://openlegislation.uk/common-investment-scheme-1991/schedule-3/paragraph-4.json",
  "legislation": "uksi/1991/1209",
  "legislation_title": "The Common Investment Scheme 1991",
  "legislation_url": "https://openlegislation.uk/common-investment-scheme-1991",
  "path": "schedule/3/paragraph/4",
  "kind": "paragraph",
  "number": "4",
  "heading": null,
  "text": "Where the appointment of an investment manager ceases he shall—\n(a) without delay complete all transactions in progres at that time;\n(b) without delay surrender to his successor or to such person as the Lord Chancellor may determine all money, securities and other assets of the fund in his care and any dividends, income and other distributions relating thereto; and\n(c) until such completion or surrender has taken place comply with any provision and carry out any duty to which he would have been subject as investment manager.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [
    {
      "type": "rev.in pt.",
      "affecting": "uksi/1999/551",
      "affecting_title": "The Common Investment (Amendment) Scheme 1999"
    },
    {
      "type": "amended",
      "affecting": "uksi/1999/551",
      "affecting_title": "The Common Investment (Amendment) Scheme 1999"
    },
    {
      "type": "am (heading am)",
      "affecting": "uksi/2003/778",
      "affecting_title": "The Common Investment (Closure of High Yield Fund) Scheme 2003"
    },
    {
      "type": "am",
      "affecting": "uksi/2003/778",
      "affecting_title": "The Common Investment (Closure of High Yield Fund) Scheme 2003"
    },
    {
      "type": "am",
      "affecting": "uksi/2003/778",
      "affecting_title": "The Common Investment (Closure of High Yield Fund) Scheme 2003"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1991/1209/schedule/3/paragraph/4",
    "retrieved_at": "2026-10-29T14:44:08.145813+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."
}