Search Legislation

The Financial Services and Markets Act 2000 (Collective Investment Schemes) Order 2001

 Help about what version

What Version

 Help about advanced features

Advanced Features

Changes to legislation:

There are currently no known outstanding effects for the The Financial Services and Markets Act 2000 (Collective Investment Schemes) Order 2001. Help about Changes to Legislation

Close

Changes to Legislation

Revised legislation carried on this site may not be fully up to date. At the current time any known changes or effects made by subsequent legislation have been applied to the text of the legislation you are viewing by the editorial team. Please see ‘Frequently Asked Questions’ for details regarding the timescales for which new effects are identified and recorded on this site.

Article 3

SCHEDULEU.K.ARRANGEMENTS NOT AMOUNTING TO A COLLECTIVE INVESTMENT SCHEME

Individual investment management arrangements U.K.

1.  Arrangements do not amount to a collective investment scheme if—

(a)the property to which the arrangements relate (other than cash awaiting investment) consists of investments of one or more of the following kinds:

(i)an investment of the kind specified by any of articles 76 to 80 of the Regulated Activities Order;

(ii)an investment of the kind specified by article 81 of that Order (units in a collective investment scheme) so far as relating to authorised unit trust schemes, [F1authorised contractual schemes,] recognised schemes or shares in an open-ended investment company; or

(iii)a contract of long term insurance;

(b)each participant is entitled to a part of that property and to withdraw that part at any time; and

(c)the arrangements do not have the characteristics mentioned in section 235(3)(a) of the Act and have those mentioned in section 235(3)(b) only because the parts of the property to which different participants are entitled are not bought and sold separately except where a person becomes or ceases to be a participant.

Textual Amendments

Commencement Information

I1Sch. para. 1 in force 1.12.2001 see reg. 1 and S.I. 2001/3538, art. 2

Enterprise initiative schemes U.K.

2.—(1) Arrangements do not amount to a collective investment scheme if—

(a)the property to which the arrangements relate (other than cash awaiting investment) consists of shares;

(b)the arrangements constitute a complying fund;

(c)each participant is entitled to a part of the property to which the arrangements relate and—

(i)to the extent that the property to which he is entitled comprises relevant shares of a class which are admitted to official listing in [F2the United Kingdom or] an EEA State or to dealings on a recognised investment exchange, he is entitled to withdraw it at any time after the end of the period of five years beginning with the date on which the shares in question were issued;

(ii)to the extent that the property to which he is entitled comprises other relevant shares, he is entitled to withdraw it at any time after the end of the period of seven years beginning with the date on which the shares in question were issued;

(iii)to the extent that the property to which he is entitled comprises shares other than relevant shares, he is entitled to withdraw it at any time after the end of the period of six months beginning with the date on which the shares in question ceased to be relevant shares; and

(iv)to the extent that the property comprises cash which the operator has agreed (conditionally or unconditionally) to apply in subscribing for shares, he is entitled to withdraw it at any time; and

(d)the arrangements would meet the conditions described in paragraph 1(c) were it not for the fact that the operator is entitled to exercise all or any of the rights conferred by shares included in the property to which the arrangements relate.

(2) In sub-paragraph (1)—

(a)“shares” means investments of the kind specified by article 76 of the Regulated Activities Order (shares etc.) and shares are to be regarded as relevant shares if and so long as they are shares in respect of which neither—

(i)a claim for relief made in accordance with section 306 of the 1988 Act has been disallowed; nor

(ii)an assessment has been made pursuant to section 307 of the 1988 Act withdrawing or [F3reducing] relief by reason of the body corporate in which the shares are held having ceased to be a body corporate which is a qualifying company for the purposes of that Act;

(b)“complying fund” means arrangements which provide that—

(i)the operator will, so far as is practicable, make investments each of which, subject to each participant’s individual circumstances, qualify for relief by virtue of Chapter III of Part VII of the 1988 Act; and

(ii)the minimum contribution to the arrangements which each participant must make is not less than £2000.

[F4Social investment schemesU.K.

2A.(1) Arrangements do not amount to a collective investment scheme if—

(a)the property to which the arrangements relate (other than cash awaiting investment) consists of shares or debentures;

(b)the arrangements constitute a complying fund;

(c)each participant is entitled to a part of the property to which the arrangements relate and—

(i)to the extent that the property to which that participant is entitled comprises relevant shares, the participant is entitled to withdraw it at any time after the end of the period of seven years beginning with the date on which the shares in question were issued;

(ii)to the extent that the property to which that participant is entitled comprises relevant debentures, the participant is entitled to withdraw it at any time after the end of the period of seven years beginning with the date on which—

(aa)the debentures in question were issued; or

(bb)in a case where there is no such issuing, when the debentures, so far as relating to the debt owed to that participant, take effect between the debtor and the participant;

(iii)to the extent that the property to which that participant is entitled comprises shares other than relevant shares, the participant is entitled to withdraw it at any time after the end of the period of six months beginning with the date on which the shares in question ceased to be relevant shares;

(iv)to the extent that the property to which that participant is entitled comprises debentures other than relevant debentures, the participant is entitled to withdraw it at any time after the end of the period of six months beginning with the date on which the debentures in question ceased to be relevant debentures; and

(v)to the extent that the property comprises cash which the operator has agreed (conditionally or unconditionally) to invest in shares or debentures, the participant is entitled to withdraw it at any time; and

(d)the arrangements would meet the conditions described in paragraph 1(c) were it not for the fact that the operator is entitled to exercise all or any of the rights conferred by shares or debentures included in the property to which the arrangements relate.

(2) In sub-paragraph (1)—

“complying fund” means arrangements which provide that—

(a)

the operator will, so far as is practicable, make investments each of which, subject to each participant’s individual circumstances, qualifies for relief by virtue of Part 5B of the 2007 Act; and

(b)

the minimum contribution to the arrangements which each participant must make is not less than £2,000;

“debentures” has the same meaning as in section 257L(4) of the 2007 Act (definition of qualifying debt investments), and debentures are to be regarded as relevant debentures if and so long as they are debentures in respect of which—

(a)

no claim for relief made in accordance with Chapter 6 of Part 5B of the 2007 Act has been disallowed; and

(b)

no assessment has been made pursuant to section 257S of the 2007 Act withdrawing or reducing relief on the ground that the requirements of Chapter 4 of Part 5B of the 2007 are not met; and

“shares” means investments of the kind specified by article 76 of the Regulated Activities Order (shares etc.), and shares are to be regarded as relevant shares if and so long as they are shares in respect of which—

(a)

no claim for relief made in accordance with Chapter 6 of Part 5B of the 2007 Act has been disallowed; and

(b)

no assessment has been made pursuant to section 257S of the 2007 Act withdrawing or reducing relief on the ground that the requirements of Chapter 4 of Part 5B of the 2007 are not met.]

Pure deposit based schemes U.K.

3.  Arrangements do not amount to a collective investment scheme if the whole amount of each participant’s contribution is a deposit which is accepted by an authorised person with permission to carry on an activity of the kind specified by article 5 of the Regulated Activities Order (accepting deposits) or a person who is an exempt person in relation to such an activity.

Commencement Information

I3Sch. para. 3 in force 1.12.2001 see reg. 1 and S.I. 2001/3538, art. 2

Schemes not operated by way of business U.K.

4.  Arrangements do not amount to a collective investment scheme if they are operated otherwise than by way of business.

Commencement Information

I4Sch. para. 4 in force 1.12.2001 see reg. 1 and S.I. 2001/3538, art. 2

Debt issues U.K.

5.—(1) Arrangements do not amount to a collective investment scheme if they are arrangements under which the rights or interests of participants are, except as provided in sub-paragraph (2), represented by investments of one, and only one, of the following descriptions:

(a)investments of the kind specified by article 77 [F5or 77A] of the Regulated Activities Order [F6(debt instruments)] which are—

(i)issued by a single body corporate other than an open-ended investment company; or

(ii)issued by a single issuer who is not a body corporate and which are guaranteed by the government of the United Kingdom, the Scottish Administration, the Executive Committee of the Northern Ireland Assembly, the National Assembly for Wales or the government of any country or territory outside the United Kingdom;

and which are not convertible into or exchangeable for investments of any other description;

(b) investments falling within sub-paragraph (a)(i) or (ii) (“the former investments”) which are convertible into or exchangeable for investments of the kind specified by article 76 of the Regulated Activities Order (“the latter investments”) provided that the latter investments are issued by the same person who issued the former investments or are issued by a single other issuer;

(c) investments of the kind specified by article 78 of the Regulated Activities Order (government and public securities) which are issued by a single issuer; or

(d) investments of the kind specified by article 79 of the Regulated Activities Order (instruments giving entitlement to investments) which are issued otherwise than by an open-ended investment company and which confer rights in respect of investments, issued by the same issuer, of the kind specified by article 76 of that Order or within any of paragraphs (a) to (c).

(2) Arrangements which would otherwise not amount to a collective investment scheme by virtue of the provisions of sub-paragraph (1) are not to be regarded as amounting to such a scheme by reason only that one or more of the participants (“the counterparty”) is a person—

(a)whose ordinary business involves him in carrying on activities of the kind specified by any of articles 14 (dealing in investments as principal), 21 (dealing in investments as agent), 25 (arranging deals in investments), [F725D (operating a multilateral trading facility),] [F825DA (operating an organised trading facility),] 37 (managing investments), 40 (safeguarding and administering investments), 45 (sending dematerialised instructions), [F951ZA (managing a [F10UK] UCITS), 51ZB (acting as trustee or depositary of a [F11 UK] UCITS), 51ZC (managing an AIF), 51ZD (acting as trustee or depositary of an AIF), 51ZE (establishing etc. collective investment scheme)], 52 (establishing etc. a stakeholder pension scheme) and 53 (advising on investments) or, so far as relevant to any of those articles, article 64 of the Regulated Activities Order (agreeing to carry on specified kinds of activities), or would do so apart from any exclusion from any of those articles made by that Order; and

(b)whose rights or interests in the arrangements are or include rights or interests under a swap arrangement.

(3) In sub-paragraph (2), “swap arrangement” means an arrangement the purpose of which is to facilitate the making of payments to participants whether in a particular amount or currency or at a particular time or rate of interest or all or any combination of those things, being an arrangement under which the counterparty—

(a)is entitled to receive amounts, whether representing principal or interest, payable in respect of any property subject to the arrangements or sums determined by reference to such amounts; and

(b)makes payments, whether or not of the same amount or in the same currency as the amounts or sums referred to in paragraph (a), which are calculated in accordance with an agreed formula by reference to those amounts or sums.

Textual Amendments

F7Words in Sch. para. 5(2)(a) inserted (1.4.2007 for specified purposes, 1.11.2007 in so far as not already in force) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment No. 3) Order 2006 (S.I. 2006/3384), arts. 1(2), 36(2)

F8Words in Sch. para. 5(2)(a) inserted (1.4.2017 for specified purposes, 3.1.2018 in so far as not already in force) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) Order 2017 (S.I. 2017/488), art. 1(2), Sch. para. 4(a)

Commencement Information

I5Sch. para. 5 in force 1.12.2001 see reg. 1 and S.I. 2001/3538, art. 2

Common accounts U.K.

6.  Arrangements do not amount to a collective investment scheme if—

(a)they are arrangements under which the rights or interests of participants are rights to or interests in money held in a common account; and

(b)that money is held in the account on the understanding that an amount representing the contribution of each participant is to be applied—

(i)in making payments to him;

(ii)in satisfaction of sums owed by him; or

(iii)in the acquisition of property for him or the provision of services to him.

Commencement Information

I6Sch. para. 6 in force 1.12.2001 see reg. 1 and S.I. 2001/3538, art. 2

Electronic systems in relation to lendingU.K.

[F126A.(1) Arrangements do not amount to a collective investment scheme in so far as they are arrangements of a kind described in one of sub-paragraphs (2) to (6).

(2) Arrangements operated by a person specified in paragraph (a) and in one or more of the circumstances specified in paragraph (b).

(a)A person who is—

(i)an authorised person with permission to carry on an activity of the kind specified by article 36H(1) of the Regulated Activities Order (operating an electronic system in relation to lending);

(ii)an appointed representative in relation to that activity;

(iii)an exempt person in relation to that activity;

(iv)a person to whom, as a result of Part 20 of the Act, the general prohibition does not apply in relation to that activity.

(b)The circumstances are—

(i)the operating of the arrangements amounts to the carrying on of an activity of the kind specified by article 36H of the Regulated Activities Order;

(ii)the arrangements amount to the holding of money on behalf of a lender or borrower under a relevant article 36H agreement, or with a view to a lender entering in to such an arrangement;

(iii)the purpose of the arrangements is to compensate a lender when a borrower fails to pay any sum due to that lender under a relevant article 36H agreement.

(3) Arrangements forming a necessary part of the operation of arrangements of the kind specified in sub-paragraph (2).

(4) Arrangements that—

(a)are operated by a person specified in sub-paragraph (2)(a), and

(b)would consist of arrangements of the kind specified in sub-paragraphs (2) or (3) except that they relate to a non-article 36H agreement rather than an article 36H agreement.

(5) Arrangements with the purpose of winding up the operations of a person who operates or operated arrangements of the kind specified in sub-paragraphs (2) to (4).

(6) Arrangements with the purpose of continuing the provision of services to a lender and borrower in relation to a relevant article 36H agreement or non-article 36H agreement, which are entered into in connection with the winding up of the operations of a person who provides or provided those services in relation to that agreement.

(7) In this paragraph—

“article 36H agreement” has the meaning given in article 36H of the Regulated Activities Order;

“borrower” means

(a)a person who receives credit under an article 36H agreement or a person to whom the rights and duties of a borrower under an agreement have passed by assignment or operation of law, or

(b)for the purposes of sub-paragraph (4)(b), a person who receives credit under an agreement of the kind described in sub-paragraph (4)(b) or a person to whom the rights and duties of a borrower under such an agreement have passed by assignment or operation of law;

“credit” has the meaning given in article 60L of the Regulated Activities Order (interpretation of Chapter 14A etc);

“lender” means—

(a)a person providing credit under an article 36H agreement,

(b)a person who by assignment or operation of law has assumed the rights of a person who provided credit under such an agreement, or

(c)for the purposes of sub-paragraph (4)(b), a person providing credit under an agreement of the sort described in sub-paragraph (4)(b), or a person who by assignment or operation of law has assumed the rights of a person who provided credit under such an agreement;

“non-article 36H agreement” means an agreement that would be a relevant article 36H agreement but for the fact that it does not satisfy the conditions in article 36H(5) and (6) of the Regulated Activities Order;

“relevant article 36H agreement” means an article 36H agreement which has been entered into with the facilitation of a person carrying on an activity of a kind specified by article 36H(1) of the Regulated Activities Order.]

[F13Certain funds relating to leasehold propertyU.K.

7.  Arrangements do not amount to a collective investment scheme if the rights or interests of the participants are rights or interests—

(a)in a fund which is a trust fund within the meaning of section 42(1) of the Landlord and Tenant Act 1987 or which would be such a trust fund if the landlord were not an exempt landlord within the meaning of section 58(1) of that Act; [F14or]

(b)in money held in a designated account by the scheme administrator under a tenancy deposit scheme within the meaning of section 212(2) of the Housing Act 2004 [F15.] [F15; or

(c)in money held in an authorised deposit scheme within the meaning of section 47 (deposit schemes: interpretation) of the Renting Homes (Wales) Act 2016.]]

Certain employee share schemes U.K.

8.—(1) Arrangements do not amount to a collective investment scheme if they are operated by a person (“A”), a member of the same group as A or a relevant trustee for the purpose of enabling or facilitating—

(a)transactions in shares in, or debentures issued by, A between, or for the benefit of, any of the persons mentioned in sub-paragraph (2); or

(b)the holding of such shares or debentures by, or for the benefit of, any such persons.

(2) The persons referred to in sub-paragraph (1) are—

(a)the bona fide employees or former employees of A or of another member of the same group; or

(b)the wives, husbands, widows, widowers, [F16civil partners, surviving civil partners,] or children or step-children under the age of eighteen of such employees or former employees.

(3) For the purposes of this paragraph—

(a)“shares” and “debentures” have the meaning given by article 71(6)(a) of the Regulated Activities Order:

(b)“relevant trustee” means a person who, in pursuance of the arrangements, holds shares in or debentures issued by A.

Textual Amendments

Commencement Information

I7Sch. para. 8 in force 1.12.2001 see reg. 1 and S.I. 2001/3538, art. 2

[F17Schemes entered into for commercial purposes wholly or mainly related to existing businessU.K.

9.(1) Arrangements first entered into before 15th July 2008 do not amount to a collective investment scheme if—

(a)by virtue of paragraph 9 of the Schedule to the Financial Services and Markets Act 2000 (Collective Investment Schemes) Order 2001 as it had effect immediately before 15th July 2008 they did not then do so provided that all participants are permitted participants; or

(b)in the case of arrangements which amounted to a collective investment scheme immediately before 15th July 2008—

(i)all participants are permitted participants; and

(ii)at any time each person which is at that time a participant irrevocably agrees in writing that the arrangements do not amount to a collective investment scheme.

(2) Arrangements first entered into on or after 15th July 2008 do not amount to a collective investment scheme if all participants are permitted participants.

(3) The exclusion in sub-paragraph (2) shall not apply to arrangements falling within that sub-paragraph if each person which is at that time a permitted participant at any time irrevocably agrees in writing that that the arrangements do not amount to a collective investment scheme.

(4) If at any time a person which is not a permitted participant participates in arrangements then for as long as that person is a participant but not a permitted participant the exclusion in sub-paragraph (1) or, as the case may be, sub-paragraph (2) shall not apply to the arrangements.

(5) For the purposes of this paragraph—

  • “permitted participant” means a participant which—

    (a)

    at the time of entering into the arrangements carries on a business which is not a specified business (the “first business”) but which may be in addition to any specified business carried on by that participant at that time and—

    (i)

    does not carry on that first business solely by virtue of being—

    (a)

    a participant in the arrangements; or

    (b)

    a member, partner or trust beneficiary of a body corporate, unincorporated association, partnership or trust which is itself a participant in the arrangements; and

    (ii)

    enters into the arrangements for commercial purposes wholly or mainly related to the first business; or

    (b)

    is a body corporate, unincorporated association partnership, or trustee of a trust (unless that trustee is an individual) which—

    (i)

    does not carry on a specified business; and

    (ii)

    only has as its members, partners or trust beneficiaries persons which themselves qualify, or would qualify if they participated in the arrangements, as participants of the kind mentioned in paragraph (a) of this paragraph; and

  • “specified business” means the business of engaging in any regulated activity of the kind specified by any of articles 14, 21, 25, 25D, [F1825DA,] 37, 40, 45, 51 to 53 or, so far as relevant to any of those articles, article 64 of the Regulated Activities Order.

(6) For the purposes of this paragraph, neither the entry into arrangements by any person as a further participant nor the exit from arrangements by any participant shall in itself constitute the creation of new arrangements.

(7) An agreement made in accordance with the provisions of sub-paragraph (1)(b)(ii) or sub-paragraph (3) is not affected by the entry into arrangements by any person as a further participant nor the exit from arrangements by any participant.]

Textual Amendments

F18Word in Sch. para. 9(5) inserted (1.4.2017 for specified purposes, 3.1.2018 in so far as not already in force) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) Order 2017 (S.I. 2017/488), art. 1(2), Sch. para. 4(b)

Group schemes U.K.

10.  Arrangements do not amount to a collective investment scheme if each of the participants is a body corporate in the same group as the operator.

Commencement Information

I8Sch. para. 10 in force 1.12.2001 see reg. 1 and S.I. 2001/3538, art. 2

Franchise arrangements U.K.

11.  Franchise arrangements do not amount to a collective investment scheme.

Commencement Information

I9Sch. para. 11 in force 1.12.2001 see reg. 1 and S.I. 2001/3538, art. 2

Trading schemes U.K.

12.  Arrangements do not amount to a collective investment scheme if—

(a) the purpose of the arrangements is that participants should receive, by way of reward, payments or other benefits in respect of the introduction by any person of other persons who become participants;

(b) the arrangements are such that the payments or other benefits referred to in paragraph (a) are to be wholly or mainly funded out of the contributions of other participants; and

(c) the only reason why the arrangements have either or both of the characteristics mentioned in section 235(3) of the Act is because, pending their being used to fund those payments or other benefits, contributions of participants are managed as a whole by or on behalf of the operator of the scheme.

Commencement Information

I10Sch. para. 12 in force 1.12.2001 see reg. 1 and S.I. 2001/3538, art. 2

[F19Timeshare and long-term holiday product schemesU.K.

13.  Arrangements do not amount to a collective investment scheme if the rights or interests of the participants are rights under a timeshare contract or a long-term holiday product contract.]

Other schemes relating to use or enjoyment of property U.K.

14.  Arrangements do not amount to a collective investment scheme if—

(a)the predominant purpose of the arrangements is to enable the participants to share in the use or enjoyment of property or to make its use or enjoyment available gratuitously to others; and

(b)the property to which the arrangements relate does not consist of the currency of any country or territory and does not consist of or include any investment of the kind specified by Part III of the Regulated Activities Order or which would be of such a kind apart from any exclusion made by that Part of the Order.

Commencement Information

I11Sch. para. 14 in force 1.12.2001 see reg. 1 and S.I. 2001/3538, art. 2

Schemes involving the issue of certificates representing investments U.K.

15.  Arrangements do not amount to a collective investment scheme if the rights or interests of the participants are investments of the kind specified by article 80 of the Regulated Activities Order (certificates representing certain securities).

Commencement Information

I12Sch. para. 15 in force 1.12.2001 see reg. 1 and S.I. 2001/3538, art. 2

Clearing services U.K.

16.  Arrangements do not amount to a collective investment scheme if their purpose is the provision of clearing services and they are operated by an authorised person, a recognised clearing house or a recognised investment exchange.

Commencement Information

I13Sch. para. 16 in force 1.12.2001 see reg. 1 and S.I. 2001/3538, art. 2

[F20Settlement servicesU.K.

16A.  Arrangements do not amount to a collective investment scheme if their purpose is the provision of settlement services and they are operated by an authorised person or a recognised CSD.]

Contracts of insurance U.K.

17.  A contract of insurance does not amount to a collective investment scheme.

Commencement Information

I14Sch. para. 17 in force 1.12.2001 see reg. 1 and S.I. 2001/3538, art. 2

[F21Funeral plan contracts U.K.

18.  Arrangements do not amount to a collective investment scheme if they consist of, or are made pursuant to—

(a)a funeral plan contract; or

(b)a contract which would be a funeral plan contract but for the proviso to article 59(2) of the Regulated Activities Order.]

Textual Amendments

F21Sch. para. 18 substituted (16.5.2022 for specified purposes, 29.7.2022 in so far as not already in force) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) Order 2022 (S.I. 2022/466), arts. 1(3), 3

Individual pension accounts U.K.

19.  An individual pension account does not amount to a collective investment scheme.

Commencement Information

I15Sch. para. 19 in force 1.12.2001 see reg. 1 and S.I. 2001/3538, art. 2

Occupational and personal pension schemes U.K.

20.—(1) An occupational pension scheme does not amount to a collective investment scheme.

(2) A personal pension scheme does not amount to a collective investment scheme.

(3) Sub-paragraph (2) does not extend to a personal pension unit trust which is constituted as a feeder fund or comprises feeder funds.

Commencement Information

I16Sch. para. 20 in force 1.12.2001 see reg. 1 and S.I. 2001/3538, art. 2

[F22 Bodies corporate etc.U.K.

21.(1) Subject to sub-paragraph (2), no body incorporated under the law of, or any part of, the United Kingdom relating to building societies or [F23registered societies] or registered under any such law relating to friendly societies, and no other body corporate other than an open-ended investment company, amounts to a collective investment scheme.

(2) Sub-paragraph (1) does not apply to any body incorporated as a limited liability partnership.]

Back to top

Options/Help

Print Options

Close

Legislation is available in different versions:

Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.

Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.

Close

See additional information alongside the content

Geographical Extent: Indicates the geographical area that this provision applies to. For further information see ‘Frequently Asked Questions’.

Show Timeline of Changes: See how this legislation has or could change over time. Turning this feature on will show extra navigation options to go to these specific points in time. Return to the latest available version by using the controls above in the What Version box.

Close

Opening Options

Different options to open legislation in order to view more content on screen at once

Close

More Resources

Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as enacted version that was used for the print copy
  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • correction slips
  • links to related legislation and further information resources
Close

Timeline of Changes

This timeline shows the different points in time where a change occurred. The dates will coincide with the earliest date on which the change (e.g an insertion, a repeal or a substitution) that was applied came into force. The first date in the timeline will usually be the earliest date when the provision came into force. In some cases the first date is 01/02/1991 (or for Northern Ireland legislation 01/01/2006). This date is our basedate. No versions before this date are available. For further information see the Editorial Practice Guide and Glossary under Help.

Close

More Resources

Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as made version that was used for the print copy
  • correction slips

Click 'View More' or select 'More Resources' tab for additional information including:

  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • links to related legislation and further information resources