# The Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, Article 54: Beneficiaries of trust, will or intestacy


The financial promotion restriction does not apply to any communication which is made—
(a) between a person when acting as a settlor or grantor of a trust, trustee or personal representative and a beneficiary under the trust, will or intestacy; or
(b) between a beneficiary under a trust, will or intestacy and another beneficiary under the same trust, will or intestacy,
if the communication relates to the management or distribution of that trust fund or estate.

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Source: https://www.legislation.gov.uk/uksi/2005/1529/article/54 (the official version)
Page: https://openlegislation.uk/financial-services-and-markets-act-2000-financial-promotion-order-2005/article-54
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.