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 [1993 c. 10.] 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.