{
  "url": "https://openlegislation.uk/draft-collective-investment-in-transferable-securities-contractual-scheme-regulations-2013",
  "json_url": "https://openlegislation.uk/draft-collective-investment-in-transferable-securities-contractual-scheme-regulations-2013.json",
  "id": "ukdsi/2013/9780111537756",
  "title": "The Collective Investment in Transferable Securities (Contractual Scheme) Regulations 2013",
  "short_title": "Collective Investment in Transferable Securities (Contractual Scheme) 2013",
  "long_title": "These Regulations provide for the formation of undertakings for collective investment constituted in accordance with contract law. Such undertakings are called contractual schemes and are a new class of collective investment scheme (as defined by section 235 of the Financial Services and Markets Act 2000 (c.8) (“FSMA”). A contractual scheme may be either a co-ownership scheme, which has no legal personality distinct from the persons who take part as investors, or a partnership scheme, which is a limited partnership under the Limited Partnerships Act 1907 (c.24).",
  "citation": "Draft 2013, ISBN 9780111537756",
  "type": "ukdsi",
  "year": "2013",
  "number": "9780111537756",
  "version": "current",
  "date": null,
  "revised": false,
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  "unapplied_effects": 0,
  "provisions": [
    {
      "path": "introduction",
      "kind": "introduction",
      "number": null,
      "heading": "Introductory text",
      "url": "https://openlegislation.uk/draft-collective-investment-in-transferable-securities-contractual-scheme-regulations-2013/introduction",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "part/1",
      "kind": "part",
      "number": "1",
      "heading": "CITATION, COMMENCEMENT AND INTERPRETATION",
      "url": null,
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "regulation/1",
      "kind": "regulation",
      "number": "1",
      "heading": "Citation and commencement",
      "url": "https://openlegislation.uk/draft-collective-investment-in-transferable-securities-contractual-scheme-regulations-2013/regulation-1",
      "extent": null,
      "status": null,
      "parent": "part/1"
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    {
      "path": "regulation/2",
      "kind": "regulation",
      "number": "2",
      "heading": "Interpretation",
      "url": "https://openlegislation.uk/draft-collective-investment-in-transferable-securities-contractual-scheme-regulations-2013/regulation-2",
      "extent": null,
      "status": null,
      "parent": "part/1"
    },
    {
      "path": "part/2",
      "kind": "part",
      "number": "2",
      "heading": "AMENDMENTS TO PRIMARY LEGISLATION",
      "url": null,
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "regulation/3",
      "kind": "regulation",
      "number": "3",
      "heading": "Amendments to the Financial Services and Markets Act 2000",
      "url": "https://openlegislation.uk/draft-collective-investment-in-transferable-securities-contractual-scheme-regulations-2013/regulation-3",
      "extent": null,
      "status": null,
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    },
    {
      "path": "regulation/4",
      "kind": "regulation",
      "number": "4",
      "heading": "Amendment to the Stock Transfer Act 1963",
      "url": "https://openlegislation.uk/draft-collective-investment-in-transferable-securities-contractual-scheme-regulations-2013/regulation-4",
      "extent": null,
      "status": null,
      "parent": "part/2"
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    {
      "path": "regulation/5",
      "kind": "regulation",
      "number": "5",
      "heading": "Amendment to the Corporation Tax Act 2010",
      "url": "https://openlegislation.uk/draft-collective-investment-in-transferable-securities-contractual-scheme-regulations-2013/regulation-5",
      "extent": null,
      "status": null,
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    {
      "path": "regulation/6",
      "kind": "regulation",
      "number": "6",
      "heading": "Amendment to the Financial Services Act 2012",
      "url": "https://openlegislation.uk/draft-collective-investment-in-transferable-securities-contractual-scheme-regulations-2013/regulation-6",
      "extent": null,
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    {
      "path": "part/3",
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      "number": "3",
      "heading": "AMENDMENTS TO SECONDARY LEGISLATION",
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    {
      "path": "regulation/7",
      "kind": "regulation",
      "number": "7",
      "heading": "The Rehabilitation of Offenders Act 1974 (Exceptions) Order 1975",
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    {
      "path": "regulation/8",
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      "heading": "The Rehabilitation of Offenders (Exceptions) Order (Northern Ireland) 1979",
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    {
      "path": "regulation/9",
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      "heading": "The Financial Services and Markets Act 2000 (Regulated Activities) Order 2001",
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    {
      "path": "regulation/10",
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      "heading": "The Financial Services and Markets Act 2000 (Promotion of Collective Investment Schemes) (Exemptions) Order 2001",
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    {
      "path": "regulation/11",
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      "heading": "The Financial Services and Markets Act 2000 (Collective Investment Schemes) Order 2001",
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    {
      "path": "regulation/12",
      "kind": "regulation",
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      "heading": "The Financial Services and Markets Act 2000 (Stakeholder Products) Regulations 2004",
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    {
      "path": "regulation/13",
      "kind": "regulation",
      "number": "13",
      "heading": "The Limited Partnerships (Forms) Rules 2009",
      "url": "https://openlegislation.uk/draft-collective-investment-in-transferable-securities-contractual-scheme-regulations-2013/regulation-13",
      "extent": null,
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    },
    {
      "path": "regulation/14",
      "kind": "regulation",
      "number": "14",
      "heading": "The Undertakings for Collective Investment in Transferable Securities Regulations 2011",
      "url": "https://openlegislation.uk/draft-collective-investment-in-transferable-securities-contractual-scheme-regulations-2013/regulation-14",
      "extent": null,
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    {
      "path": "regulation/15",
      "kind": "regulation",
      "number": "15",
      "heading": "The Rehabilitation of Offenders Act 1974 (Exclusions and Exceptions) (Scotland) Order 2013",
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      "extent": null,
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    },
    {
      "path": "part/4",
      "kind": "part",
      "number": "4",
      "heading": "MODIFICATION OF THE LIMITED PARTNERSHIPS ACT 1907",
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    },
    {
      "path": "regulation/16",
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      "number": "16",
      "heading": "Partnership schemes",
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      "extent": null,
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    {
      "path": "part/5",
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      "heading": "WINDING UP INSOLVENT CONTRACTUAL SCHEMES",
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    {
      "path": "regulation/17",
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    {
      "path": "regulation/18",
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      "heading": "Partnership schemes: liability of the general partner (England and Wales and Northern Ireland)",
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    {
      "path": "regulation/19",
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    {
      "path": "part/6",
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      "number": "6",
      "heading": "TRANSFER OF UNITS IN CONTRACTUAL SCHEMES BY MEANS OF ELECTRONIC COMMUNICATION",
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    {
      "path": "regulation/20",
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      "heading": "Interpretation of Part",
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    {
      "path": "regulation/21",
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      "heading": "Dispositions of units in co-ownership schemes",
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    {
      "path": "regulation/22",
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      "number": "22",
      "heading": "Gratuitous unilateral obligations relating to units in authorised contractual schemes",
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      "heading": "Grants and assignments of any trust or confidence",
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      "heading": "Form for registering changes to limited partnerships",
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