Search Legislation

Advanced Search

The Common Investment Scheme 1991

Help about what version

What Version

  • Latest available (Revised)
  • Original (As made)

More Resources

Status:

This is the original version (as it was originally made). This item of legislation is currently only available in its original format.

  1. Introductory Text

  2. 1.This Scheme may be cited as the Common Investment Scheme...

  3. 2.In this Scheme, unless the context otherwise requires— “accounting date”...

  4. 3.There shall continue to be three funds, known respectively as...

  5. 4.An investment manager appointed by the Lord Chancellor shall manageand...

  6. 5.(1) The investment manager shall administer the funds referred to...

  7. 6.Dividends payable on the Gross Income Fund shall, in so...

  8. 7.The provisions of Schedule 1 shall apply to each fund....

  9. 8.Schedule 2 shall have effect in relation to each fund....

  10. 9.It shall be the duty of the investment manager to...

  11. 10.The Common Investment Funds Scheme 1965 and the Common Investment...

  12. Signature

    1. SCHEDULE 1

      PROVISIONS APPLICABLE TO EACH FUND

      1. 1.(1) Each fund shall be treated as being divided into...

      2. 2.No document of title shall be issued in respect of...

      3. 3.(1) The following provisions of this paragraph shall have effect...

      4. 4.For the purpose of valuing the fund—

      5. 5.(1) The value of a unit on a valuation day...

      6. 6.As soon as may be after a valuation day the...

      7. 7.On each accounting date the investment manager shall determine the...

      8. 8.(1) The investment manager may determine, without regard to any...

    2. SCHEDULE 2

      ACCOUNTING AND DIVIDEND DATES

    3. SCHEDULE 3

      POWERS AND DUTIES OF THE INVESTMENT MANAGER IN RESPECT OF EACH FUND

      1. 1.The investment manager shall have the following powers—

      2. 2.The investment manager shall— (a) keep proper books of account...

      3. 3.On appointment, the investment manager shall take such steps as...

      4. 4.Where the appointment of an investment manager ceases he shall—...

  14. Explanatory Note

Back to top

Options/Help

Print Options

Close

Legislation is available in different versions:

Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.

Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.

Close

Opening Options

Different options to open legislation in order to view more content on screen at once

Close

More Resources

Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as enacted version that was used for the print copy
  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • correction slips
  • links to related legislation and further information resources

The data on this page is available in the alternative data formats listed: