CIS 17.3 Notification to the FSA under section 270 and applications under section 272

If the operator of a scheme gives notice to the FSA under section 270 or makes an application under section 272 of the Act, the notice or application must contain (or be accompanied by) the information in CIS 17.3.1 D(2) to (4).

The documents must be in English or accompanied by a translation in English.

The documents must be certified by the operator to be true copies of the original.

The following list is the information and documentation which is referred to in CIS 17.3.1 D(1) and which must be provided with a notification under section 270 or application under section 272 of the Act.

1. (a)

   name of scheme;

2. (b)

   legal form of scheme;

3. (c)

   name and address of the operator;

4. (d)

   the address of the place in the United Kingdom for service on the operator of notices or other documents;

5. (e)

   whether the operator intends to market the scheme in the United Kingdom in a manner which will involve it carrying on a regulated activity in the United Kingdom;

6. (f)

   name and address of any person to whom the property subject to the scheme is entrusted for safekeeping;

7. (g)

   the address of the place in the United Kingdom where scheme facilities (see CIS 17.4) will be maintained;

8. (h)

   details of the arrangements for the marketing of units in the United Kingdom, namely:

   1. (i)

      the proposed commencement date;

   2. (ii)

      whether the units or shares will be sold by or through: any employed sales force (including any appointed representative); persons authorised under the Act; or unsolicited calls;

9. (i)

   a copy of the instrument constituting the scheme;

10. (j)

    a copy of the prospectus or any similar document giving details of the scheme;

11. (k)

    a copy of the latest annual report and any subsequent half-yearly report;

12. (l)

    a copy of any other document affecting the rights of participants in the scheme; and

13. (m)

    for notifications under section 270 only, a copy of the authorisation document issued by the authority in the designated territory confirming that the scheme is of a class covered by the designation order.