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Article 3 Types of MMFs

United Kingdom

Original text. Later amendments are not shown.

1.

MMFs shall be set up as one of the following types:

(a)

a VNAV MMF;

(b)

a public debt CNAV MMF;

(c)

a LVNAV MMF.

2.

The authorisation of an MMF shall explicitly state the type of MMF, from those set out in paragraph 1.