SCHEDULE 2 U.K. INSTRUMENT OF INCORPORATION

2.  The statements referred to in paragraph 1(a) are— U.K.

(a) the head office of the company is situated [F1 in England and Wales (or Wales), in Scotland or in Northern Ireland] (as the case may be);

(b) the company is an open-ended investment company with variable share capital;

(c) the shareholders are not liable for the debts of the company;

(d) the scheme property is entrusted to a depositary for safekeeping (subject to any exceptions permitted by FSA rules); and

(e) charges or expenses of the company may be taken out of the scheme property.

Textual Amendments

F1 Words in Sch. 2 para. 2(a) substituted (12.5.2011) by The Companies Act 2006 (Consequential Amendments and Transitional Provisions) Order 2011 (S.I. 2011/1265), art. 1(2), Sch. 2 para. 30 (with Sch. 3)