Part VI Miscellaneous and Supplementary

38 Common investment schemes for charities etc.

Parts II to IV do not apply to—

(a)

trustees managing a fund under a common investment scheme made, or having effect as if made, under F1section 96 of the Charities Act 2011, other than such a fund the trusts of which provide that property is not to be transferred to the fund except by or on behalf of a charity the trustees of which are the trustees appointed to manage the fund, or

(b)

trustees managing a fund under a common deposit scheme made, or having effect as if made, under F2section 100 of that Act.