Part XVII

Collective Investment Schemes
CHAPTER
3A

AUTHORISED CONTRACTUAL SCHEMES

Rules

Contractual scheme particulars rules
261J
1
The
FCA
may by rules (“contractual scheme particulars rules”) make in relation to authorised contractual schemes provision corresponding to that which may be made under section 248 in relation to authorised unit trust schemes.
2
For the purposes of subsection (1), section 248 is to be read with the following modifications—
a
a reference to scheme particulars rules is to be read as a reference to contractual scheme particulars rules;
b
a reference to scheme particulars is to be read as a reference to contractual scheme particulars; and
c
a reference to the manager of an authorised unit trust scheme is to be read as a reference to the operator of an authorised contractual scheme.
Pt. 17 modified (20.2.2019) by The Collective Investment Schemes (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/325), regs. 1(3), 62 (as amended (31.1.2020 immediately before exit day) by The Financial Services (Consequential Amendments) Regulations 2020 (S.I. 2020/56), regs. 1, 12(b))
Pt. 17 Ch. 3A inserted (6.6.2013) by The Collective Investment in Transferable Securities (Contractual Scheme) Regulations 2013 (S.I. 2013/1388), regs. 1, 3(12) (with reg. 24)