Charities and Trustee Investment (Scotland) Act 2005, Section 96 is up to date with all changes known to be in force on or before 19 May 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
(1)Every charity has power to participate in common investment schemes and common deposit schemes.
(2)Subsection (1) does not apply where a charity's constitution excludes such participation by referring specifically to common investment schemes or, as the case may be, common deposit schemes.
(3)In this section, “common investment scheme” and “common deposit scheme” have the meanings given to those expressions in [F1sections 96 and 100 of the Charities Act 2011].
Textual Amendments
F1Words in s. 96(3) substituted (14.3.2012) by Charities Act 2011 (c. 25), s. 355, Sch. 7 para. 108 (with s. 20(2), Sch. 8)
Commencement Information
I1S. 96 in force at 27.2.2007 by S.S.I. 2007/117, art. 2(1)
All content is available under the Open Government Licence v3.0 except where otherwise stated. This site additionally contains content derived from EUR-Lex, reused under the terms of the Commission Decision 2011/833/EU on the reuse of documents from the EU institutions. For more information see the EUR-Lex public statement on re-use.
