Section 38: Common investment schemes for charities etc.

Trustee Act 2000 · 2000 c. 29View on legislation.gov.uk

Part VI: Miscellaneous and Supplementary

Parts II to IV do not apply to—

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

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