SCHEDULESUBSTITUTION FOR PART I OF THE SCHEDULE

Regulation 2(4)

PART I

Column (1)

Column (2)

Limits under regulation 12(2)

Increased limits under regulation 12(2A)

1

Any single sub-underwriting contract.

1%

5%

2

All contributions to any single partnership.

2%

5%

3

All contributions to partnerships.

5%

15%

4

All deposits with –

a

any local authority, or

b

any body with power to issue a precept or requisition to a local authority, or to the expenses of which a local authority can be required to contribute,

which is an exempt person (within the meaning of the Financial Services and Markets Act 20006) in respect of accepting deposits as a result of an order made under section 38(1) of that Act, and all loans (but see paragraph 14).

10%

5

All investments in unlisted securities of companies.

10%

15%

6

Any single holding (but see paragraphs 15 and 16).

10%

7

All deposits with any single bank, institution or person (other that the National Savings Bank).

10%

8

All sub-underwriting contracts.

15%

9

All investments in units or other shares of the investments subject to the trusts of unit trust schemes managed by any one body (but see paragraph 16).

25%

35%

10

All investments in open-ended investment companies where the collective investment schemes constituted by the companies are managed by any one body.

25%

35%

11

All investments in units or other shares of the investments subject to the trusts of unit trust schemes and all investments in open-ended investment companies where the unit trust schemes and the collective investment schemes constituted by those companies are managed by any one body (but see paragraph 16).

25%

35%

12

Any single insurance contract.

25%

35%

13

All securities transferred (or agreed to be transferred) by the Committee under stock lending arrangements.

25%