C1C2Part I Regulation of Investment Business
Annotations:
Modifications etc. (not altering text)
C2
Pt. I (ss. 1–128): power to modify conferred (prosp.) by Courts and Legal Services Act 1990 (c. 41, SIF 76:1), ss. 89, 124(3), Sch. 14 para. 9(c)
C3Chapter III Authorised Persons
Annotations:
Modifications etc. (not altering text)
C3
Chapters III–XI (ss. 7–111): certain functions transferred by S.I. 1990/354, art. 5
Investment companies with variable capital
24AF2 Investment companies with variable capital
An investment company with variable capital is an authorised person as respects—
a
investment business which consists in operating the collective investment scheme constituted by the company; and
b
any investment business which is carried on by the company in connection with or for the purposes of operating that scheme.
Pt. I (ss. 1-128) amended (S.) (22.5.2000) by S.I. 2000/121, regs. 1, 37, Sch. 2