Point in time view as at 01/04/2006. This version of this provision is not valid for this point in time.
Charities and Trustee Investment (Scotland) Act 2005, Section 96 is up to date with all changes known to be in force on or before 07 August 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.
Valid from 27/02/2007
(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 sections 24 and 25 of the Charities Act 1993 (c. 10).
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