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Financial Services and Markets Act 2000
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Financial Services and Markets Act 2000, Section 261J is up to date with all changes known to be in force on or before 28 November 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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[F1261J.Contractual scheme particulars rulesU.K.
This section has no associated Explanatory Notes
(1)The FCA may by rules (“contractual scheme particulars rules”) make in relation to authorised contractual schemes provision corresponding to that which may be made under section 248 in relation to authorised unit trust schemes.
(2)For the purposes of subsection (1), section 248 is to be read with the following modifications—
(a)a reference to scheme particulars rules is to be read as a reference to contractual scheme particulars rules;
(b)a reference to scheme particulars is to be read as a reference to contractual scheme particulars; and
(c)a reference to the manager of an authorised unit trust scheme is to be read as a reference to the operator of an authorised contractual scheme.]
Textual Amendments
F1Pt. XVII Ch. 3A inserted (6.6.2013) by The Collective Investment in Transferable Securities (Contractual Scheme) Regulations 2013 (S.I. 2013/1388), regs. 1, 3(12) (with reg. 24)
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