Section 283A(1)
FSMA 2000
Financial Services and Markets Act 2000 · United Kingdom
The operator of a UKUCITS may not invest a higher proportion of the property which is subject to the collective investment scheme constituted by that UCITS in units of another UCITS than is permitted by rule 5.2.11(9) of the Collective Investment Schemes sourcebook unless the investment is approved by the FCA in accordance with this section.
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Source: legislation.gov.uk · retrieved 2026-09-04