# The Friendly Societies (Insurance Business) (Amendment) Regulations 1996, Paragraph 2


Unlisted securities which are readily realisable, not being securities which are—
(a) approved securities;
(b) loans or deposits of the kinds mentioned in paragraph 4 or 7 below;
(c) units or other beneficial interests in a collective investment fund; or
(d) derivative contracts.

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