# Financial Services Act 1986 (repealed), Section 24: Operators and trustees of recognised schemes.

Extent: E+W+S+N.I.

The operator or trustee of a scheme recognised under section 86 below is an authorised person as respects—
(a) investment business which consists in operating or acting as trustee in relation to that scheme; and
(b) any investment business which is carried on by him in connection with or for the purposes of that scheme.

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Source: https://www.legislation.gov.uk/ukpga/1986/60/section/24 (the official version)
Page: https://openlegislation.uk/financial-services-act-1986-repealed/section-24
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.