# The Friendly Societies (Insurance Business) (Amendment) Regulations 1996, Paragraph 16


In this Schedule—
“collective investment fund” includes a collective investment scheme; and
“readily realisable”, in respect of an investment, has the meaning set out in paragraph 2 of Schedule 5 to these Regulations.

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Source: https://www.legislation.gov.uk/uksi/1996/3008/schedule/2/paragraph/16 (the official version)
Page: https://openlegislation.uk/friendly-societies-insurance-business-amendment-regulations-1996/schedule-2/paragraph-16
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.