Paragraph 5

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

Sch.10, paras.1,2 substituted by Insurance Companies 1996 reg.13(2)(3)
Sch.10, para.15(1)(b) amended by Insurance Companies 1996 reg.13(4)
Sch.10, para.15A added by Insurance Companies 1996 reg.13(5)
Sch.10, para.16(a)(b) amended by Insurance Companies 1996 reg.13(6)(7)
Sch.10, para 5(b) substituted by Insurance Companies 1994 reg.15(2)
Sch.10, para 5(c) revoked by Insurance Companies 1994 reg.15(2)
Sch.10, para 14(a)(v) added by Insurance Companies 1994 reg.15(3)
Sch.10, para 14(b) substituted by Insurance Companies 1994 reg.15(4)
Sch.10, para 16(c)(d) added by Insurance Companies 1994 reg.15(6)
Sch.10 substituted by Insurance Companies 1995 reg.19, Sch.1
Sch. 10 para. 14(b) words substituted by Banking Consolidation Directive 2000 reg. 12(4)(e)
Sch. 10 para. 15 extended by Insurance Companies (Accounts and Statements) 1996 reg. 23(2)

Units in—

(a)

a unit trust scheme falling within Council Directive 85/611/EEC of 20 December 1985 on the co-ordination of laws, regulations and administrative provisions relating to undertakings for collective investments in transferable securities;

(b)

an authorised unit trust scheme other than authorised unit trust schemes falling within sub-paragraph (a) above;

(c)

a recognised scheme within the meaning of sections 86, 87 and 88 of the Financial Services Act 1986^f1 other than recognised schemes falling within sub-paragraph (a) above.

Annotations

Footnotes

f1: 1986 c. 60.