Term
Definition
Letter: A
accumulation unit
a unit in respect of which income is credited periodically to capital under CIS 9.2.4 R (Annual allocation to accumulation shares or accumulation units) or CIS 9.2.6 R (Interim allocations of income).
- 01/12/2004
acting as trustee of an authorised unit trust scheme
the regulated activity, specified in article 51(1)(b) of the Regulated Activities Order (Establishing etc a collective investment scheme), of acting as a trustee of an authorised unit trust scheme.
- 01/12/2004
authorised corporate director
the director of an ICVC who is the authorised corporate director of the ICVC in accordance with COLL 6.5.3 R (Appointment of an ACD) or, as the case may be, CIS 7.2.1 R (The directors) including, if relevant, an EEA UCITS management company.
- 01/12/2004
authorised fund manager
an ACD or an authorised unit trust manager.
- 01/12/2004
authorised person
(in accordance with section 31 of the Act (Authorised persons)) one of the following:
(b) an incoming EEA firm;
(c) an incoming Treaty firm;
(d) a UCITS qualifier;
(e) an ICVC;
(f) the Society of Lloyd's.
(see also GEN 2.2.18 R for the position of an authorisedpartnership or unincorporated association which is dissolved.)- 01/12/2004
authorised professional firm
a professional firm which is an authorised person.
- 01/12/2004
authorised UK representative
(in relation to a firm) a person resident in the United Kingdom who is authorised to act generally, and to accept service of any document, on behalf of the firm.
- 01/12/2004
authorised unit trust scheme
(as defined in section 237(3) of the Act (Other definitions)) a unit trust scheme which is authorised for the purposes of the Act by an authorisation order.
- 01/12/2004
authorised Voluntary Jurisdiction participant
a participant in the Voluntary Jurisdiction who is an authorised person.
- 01/12/2004