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Regulation 2 Prescribed classes of investments

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

For the purposes of section 16(3) of the 1986 Act, the prescribed classes of investments are those fixed-interest stocks by reference to which the 15-year gross redemption yield and the 25-year gross redemption yield are calculated, and those equities by reference to which the gross dividend yield is calculated.