11[F1(1)] There is to be disregarded an interest of a person subsisting by virtue of—
[F2(a)any unit trust scheme which is an authorised unit trust scheme F3. . .];
(b)a scheme made under section 22 [F4or 22A] of the M1Charities Act 1960 [F5or section 24 or 25 of the Charities Act 1993], section 11 of the M2Trustee Investments Act 1961 or section 1 of the M3Administration of Justice Act 1965; or
(c)the scheme set out in the Schedule to the M4Church Funds Investment Measure 1958.
[F6(2)Unit trust scheme” and “authorised unit trust scheme” have the meaning given in section 237 of the Financial Services and Markets Act 2000.]
Textual Amendments
F1Sch. 13 para. 11 re-numbered (1.12.2001) as Sch. 13 para. 11(1) by S.I. 2001/3649, art. 37(1)(2)
F2Sch. 13 para. 11(a) substituted by Financial Services Act 1986 (c. 60, SIF 69), s. 212(2), Sch. 16 para. 25
F3Words in Sch. 13 para. 11(1)(a) repealed (1.12.2001) by S.I. 2001/3649, art. 37(1)(3)
F4Words in Sch. 13 para. 11(b) inserted (1.9.1992) by Charities Act 1992 (c. 41), s. 78(1), Sch. 6 para. 11(b); S.I. 1992/1900, art. 2, Sch. 1.
F5Words in Sch. 13 para. 11(b) inserted (1.8.1993) by 1993 c. 10, ss. 98(1), 99(1), Sch. 6 para. 20(3)
F6Sch. 13 para. 11(2) inserted (1.12.2001) by S.I. 2001/3649, art. 37(1)(4)
Marginal Citations