# The Financial Services Act 1986 (Occupational Pension Schemes) Order 1988, Note: Explanatory note


(This note is not part of the Order)
This Order directs that no trustee of an occupational pension scheme of a kind described in article 3 of the Order is to be treated as carrying on investment business by virtue of section 191 of the Financial Services Act if either he is a beneficiary or potential beneficiary under the scheme in question or he takes no day to day decisions relating to the management of assets of the scheme which are investments.

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Source: https://www.legislation.gov.uk/uksi/1988/41/note (the official version)
Page: https://openlegislation.uk/financial-services-act-1986-occupational-pension-schemes-order-1988/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.