- (1) (except in
) the investment, specified in article 76 of the Regulated Activities Order (Shares etc), which is in summary: a share or stock in the share capital of:
- (a) any body corporate (wherever incorporated);
- (b) any unincorporated body constituted under the law of a country or territory outside the United Kingdom.
- (2) (in
- (a) (in relation to an ICVC) a share in the ICVC (including both smaller denomination shares and larger denomination shares);