SCHEDULES
F1SCHEDULE 3AExcluded Trusts
Annotations:
Amendments (Textual)
Capital markets etc.13
A trust created for the purpose of enabling or facilitating an activity listed in points 2, 3, 6, 7 or 8 of F2... Schedule 2, or for protecting or enforcing rights relating to that activity, where—
a
one or more of the participants in that activity is a relevant supervised person, and
b
the use of the trust is incidental to the principal purpose of that activity.
Sch. 3A inserted (6.10.2020) by The Money Laundering and Terrorist Financing (Amendment) (EU Exit) Regulations 2020 (S.I. 2020/991), regs. 1(2), 11