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Status: Please note you should read all Brexit changes to the FCA Handbook and BTS alongside the main FCA transitional directions. Where these directions apply the 'standstill', firms have the choice between complying with the pre-IP completion day rules, or the post-IP completion day rules. To see a full list of Handbook modules affected, please see Annex B to the main FCA transitional directions.

scheme

      1. (1) (except in49 COBS 49 , CASS and SUP ) a collective investment scheme.
      1. (2) (in49 COBS 49 , CASS and SUP)
        1. (a) a regulated collective investment scheme ;
        1. (b) an investment trust where the relevant shares have been,61 or61 will61 be,61 acquired through an61 investment trust savings scheme 61 ;
        1. (c) an investment trust51661, if:6161
          1. (i) the relevant shares 61will61 be held 61in a wrapper or personal pension scheme; and61
          1. (ii) the trust and the wrapper or personal pension scheme will be promoted together;61
        1. (d) (in61COBS 18.579) in addition to (a), (b) and (c), an unregulated collective investment scheme.