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Regulation 27 Unit trusts

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

The value of any holding of units, or other beneficial interest, under an authorised unit trust scheme or a recognised scheme within the meaning of the Financial Services Act 1986f1 shall be the price at which the managers under the scheme would purchase the holding of units or other beneficial interest if required to do so.

Annotations

Footnotes

f1

1986 c. 60.