Status: You are viewing the version of the handbook as on 2016-02-03.

sell

    (in accordance with article 3(1) of the Regulated Activities Order (Interpretation)) (in relation to any investment) sell in any way, including disposing of the investment for valuable consideration;in this definition, "disposing" includes:

      1. (a) (in relation to an investment consisting of rights under a contract):
        1. (i) surrendering, assigning or converting those rights; or
        1. (ii) assuming the corresponding liabilities under the contract;
      1. (b) (in relation to an investment consisting of rights under other arrangements) assuming the corresponding liabilities under the arrangements; and
      1. (c) (except in51 COLL 51 ) (in relation to any other investment) issuing or creating the investment or granting the rights or interests of which it consists.