SCHEDULES

F1SCHEDULE 4ZASub-fund settlements

Making a sub-fund election

7

For the purpose of Condition 3—

(a)

sections 104(1) and 109(2)(a) shall not have effect, and

(b)

interest”, in relation to any asset, means an interest as a co-owner of the asset (whether the asset is owned jointly or in common and whether or not the interests of the co-owners are equal).