Companies Act 2006

1278 Institutions to which information provisions apply

(1) The institutions to which section 1277 applies are—

(a) unit trust schemes within the meaning of the Financial Services and Markets Act 2000 (c. 8) in respect of which an order is in force under section 243 of that Act;

(b) open-ended investment companies incorporated by virtue of regulations under section 262 of that Act;

(c) companies approved for the purposes of section 842 of the Income and Corporation Taxes Act 1988 (c. 1) (investment trusts);

(d) pension schemes as defined in section 1(5) of the Pension Schemes Act 1993 (c. 48) or the Pension Schemes (Northern Ireland) Act 1993 (c. 49);

(e) undertakings authorised under the Financial Services and Markets Act 2000 to carry on long-term insurance business (that is, the activity of effecting or carrying out contracts of long-term insurance within the meaning of the Financial Services and Markets (Regulated Activities) Order 2001 (S.I. 2001/544);

(f) collective investment schemes that are recognised by virtue of section 270 of that Act (schemes authorised in designated countries or territories).

(2) Regulations under that section may—

(a) provide that the section applies to other descriptions of institution;

(b) provide that the section does not apply to a specified description of institution.

(3) The regulations must specify by whom, in the case of any description of institution, the duty imposed by the regulations is to be fulfilled.