SCHEDULE 1 LIMITS ON INVESTMENTS
PART I

25% limit
9 All investments in—
(a) units or other shares of the investments subject to the trusts of unit trust schemes managed by any one body (but see paragraph 14), and
(b) open-ended investment companies where the collective investment schemes constituted by the companies are managed by any one body.
10 All insurance contracts.
11 All securities transferred (or agreed to be transferred) by the authority under stock lending arrangements.