# The Financial Services Act 1986 (Extension of Scope of Act) Order 1996, Article 7: Custody of investments


After sub-paragraph (2) of paragraph 22 of Schedule 1 to the Act (trustees and personal representatives) there shall be inserted the following—
“(2A) Paragraph 13A above does not apply to anything done by a person as a trustee or personal representative unless—
(a) he holds himself out as providing a service falling within paragraph 13A above; or
(b) he is remunerated for providing such a service in addition to any remuneration he receives for discharging his duties as trustee or personal representative.”.

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Source: https://www.legislation.gov.uk/uksi/1996/2958/article/7 (the official version)
Page: https://openlegislation.uk/financial-services-act-1986-extension-of-scope-of-act-order-1996/article-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.