[261E [Authorised contractual schemes]: holding of units]
Financial Services and Markets Act 2000 (2000 c 8) | Legislation

[261E  [Authorised contractual schemes]: holding of units]

[(A1)     This section sets out requirements for the purposes of section 261D(1)(a) (authorisation orders).]

[(1)     The participants in [the] scheme must be entitled to have their units redeemed in accordance with the scheme at a price—

(a)     related to the net value

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