s 262AF Co-ownership schemes: definitions relating to schemes
In sections 262AA to 262AE and this section— “ co-ownership authorised contractual scheme ” means a co-ownership scheme which is authorised for the purposes of the Financial Services and Markets Act 2000 by an authorisation order in force under section 261D(1) of that Act; “ co-ownership contractual scheme ” means— a co-ownership authorised contractual scheme, or a Reserved Investor Fund (Contractual Scheme); “ co-ownership scheme ” has the same meaning as in Part 17 of that Act (see section 235A(2) of that Act); “operator” and “ units ”, in relation to a co-ownership ...contractual scheme, have the meanings given by section 237(2) of that Act; “ participant ”, in relation to such a scheme, is to be read in accordance with section 235 of that Act. “ Reserved Investor Fund (Contractual Scheme) ” has the meaning given by section 20 of F(No.2)A 2024; “ unauthorised co-ownership contractual scheme ” means a co-ownership scheme which is not a co-ownership contractual scheme .