# The Common Investment Scheme 2004, Paragraph 8


If at any time the value of units appears to the investment manager to be too high to admit of monies being conveniently invested in the fund, he may divide every unit in such manner as he may, having consulted the Board and the Lord Chancellor, think fit.

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Source: https://www.legislation.gov.uk/uksi/2004/266/schedule/2/paragraph/8 (the official version)
Page: https://openlegislation.uk/common-investment-scheme-2004/schedule-2/paragraph-8
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.