Schedule 2, Part II, paragraph 15
FSMA 2000
Financial Services and Markets Act 2000 · United Kingdom
Certificates or other instruments which confer contractual or property rights— in respect of any investment held by someone other than the person on whom the rights are conferred by the certificate or other instrument; and the transfer of which may be effected without requiring the consent of that person.
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Source: legislation.gov.uk · retrieved 2026-09-04