Paragraph 11

England, Wales and Scotland

F1(1)

There is to be disregarded an interest of a person subsisting by virtue of—

F2(a)

any unit trust scheme which is an authorised unit trust scheme F3. . .;

(b)

a scheme made under section 22 F4or 22A of the M1Charities Act 1960 F5or section 24 or 25 of the Charities Act 1993, section 11 of the M2Trustee Investments Act 1961 or section 1 of the M3Administration of Justice Act 1965; or

(c)

the scheme set out in the Schedule to the M4Church Funds Investment Measure 1958.

F6(2)

Unit trust scheme” and “authorised unit trust scheme” have the meaning given in section 237 of the Financial Services and Markets Act 2000.

Annotations

Textual amendments

F1: Sch. 13 para. 11 re-numbered (1.12.2001) as Sch. 13 para. 11(1) by S.I. 2001/3649, art. 37(1)(2)
F2: Sch. 13 para. 11(a) substituted by Financial Services Act 1986 (c. 60, SIF 69), s. 212(2), Sch. 16 para. 25
F3: Words in Sch. 13 para. 11(1)(a) repealed (1.12.2001) by S.I. 2001/3649, art. 37(1)(3)
F4: Words in Sch. 13 para. 11(b) inserted (1.9.1992) by Charities Act 1992 (c. 41), s. 78(1), Sch. 6 para. 11(b); S.I. 1992/1900, art. 2, Sch. 1.
F5: Words in Sch. 13 para. 11(b) inserted (1.8.1993) by 1993 c. 10, ss. 98(1), 99(1), Sch. 6 para. 20(3)
F6: Sch. 13 para. 11(2) inserted (1.12.2001) by S.I. 2001/3649, art. 37(1)(4)

Marginal citations

M1: 1960 c. 58.
M2: 1961 c. 62.
M3: 1965 c. 2.
M4: 1958 No. 1.

Notes on Schedule 13

Textual amendments

F1: Schs. 1-15B repealed (prosp.) by Companies Act 2006 (c. 46), ss. 1295, 1300, Sch. 16 and the repeal being partly in force, as to which see individual provisions

Modifications

C1

Sch. 13 excluded (12.2.1992) by S.I. 1992/225, reg. 23(1)(b).

Sch. 13 modified (12.2.1992) by S.I. 1992/225, reg. 121, Sch. 8 para. 1(b).

Notes on Part I

Textual amendments

F1: Sch. 13 Pt. 1 repealed (1.10.2007) by Companies Act 2006 (c. 46), ss. 1295, 1300, Sch. 16; S.I. 2007/2194, art. 8, Sch. 2 Pt. 1 (with art. 12)