Section 242(1)
FSMA 2000
Financial Services and Markets Act 2000 · United Kingdom
The manager and trustee, or proposed manager and trustee, of a unit trust scheme may apply to the FCA for— an order declaring the scheme to be an authorised unit trust scheme; an order declaring the scheme to be an authorised money market fund.
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Source: legislation.gov.uk · retrieved 2026-09-04