SCHEDULES

SCHEDULE 5 Persons Concerned in Collective Investment Schemes

Permission

2

F1(1)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(2)

A person authorised as a result of paragraph 1(3) F2or (4) has permission to carry on, so far as it is a regulated activity F3other than the activity of managing an AIF—

(a)

the operation of the scheme;

(b)

any activity in connection with, or for the purposes of, the operation of the scheme.