SCHEDULES

C1C2FIRST SCHEDULE Manner of Investment

Annotations:

Part II Narrower-Range Investments Requiring Advice

F119

In fixed-interest or variable interest securities issued in a relevant state by the Government of any overseas territory within the Commonwealth or by any public or local authority within such a territory.

F2For this purpose—

a

overseas territory ” means any territory or country outside the United Kingdom, and

b

the reference to the government of any overseas territory includes a reference to a government constituted for two or more overseas territories, and to any authority established for the purpose of providing or administering services which are common to, or relate to matters of common interest to, two or more such territories.