The Financial Services and Markets Act 2000 (Collective Investment Schemes) Order 2001 No. 1062

SCHEDULE U.K. ARRANGEMENTS NOT AMOUNTING TO A COLLECTIVE INVESTMENT SCHEME

[F1 Funeral plan contracts U.K.

18.   Arrangements do not amount to a collective investment scheme if they consist of, or are made pursuant to—

(a) a funeral plan contract; or

(b) a contract which would be a funeral plan contract but for—

(i) the proviso to article 59(2) of the Regulated Activities Order, or

(ii) the exclusion in article 60 of that Order.]

Textual Amendments

F1 Sch. para. 18 substituted (1.12.2001) by The Financial Services and Markets Act 2000 (Miscellaneous Provisions) Order 2001 (S.I. 2001/3650), arts. 1(a), 2(3)