Trustee Act 2000 (c. 29)

Part VI E+W Miscellaneous and Supplementary

38 Common investment schemes for charities etc. E+W

Parts II to IV do not apply to—

(a) trustees managing a fund under a common investment scheme made, or having effect as if made, under section 24 of the M1 Charities Act 1993, other than such a fund the trusts of which provide that property is not to be transferred to the fund except by or on behalf of a charity the trustees of which are the trustees appointed to manage the fund, or

(b) trustees managing a fund under a common deposit scheme made, or having effect as if made, under section 25 of that Act.

Marginal Citations

M1 1993 c. 10.