98 Provisions which may be included in common investment schemes
Charities Act 2011 (2011 c 25) | Legislation

98  Provisions which may be included in common investment schemes

(1)     A common investment scheme may make provision for, and for all matters connected with, the establishment, investment, management and winding up of the common investment fund, and may in particular include provision—

(a)     for remunerating persons appointed trustees to hold or manage the fund or any part of it, with or without provision authorising a person to receive the remuneration even though the person is also a charity trustee of or trustee for a participating charity;

(b)     for restricting the size of the fund, and for regulating as to time, amount or otherwise

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