9.Units in collective investment undertakings may be recognised as eligible collateral if the following conditions are satisfied:U.K.
(a)
they have a daily public price quote; and
(b)
the collective investment undertaking is limited to investing in instruments that are eligible for recognition under points 7 and 8.
The use (or potential use) by a collective investment undertaking of derivative instruments to hedge permitted investments shall not prevent units in that undertaking from being eligible.