Unitholder
- (a) (in relation to an ICVC, ACS47 or an AUT as appropriate, and subject to COLL 4.4.4 R (Special meaning of Unitholder in COLL 4.4)):
- (i) (in relation to a unit which is represented by a bearer certificate) the person who holds that certificate; or(ii) (in relation to a unit that is not represented by a bearer certificate) the person whose name is entered on the register in relation to that unit; or
- (b) (in relation to a unit in a collective investment scheme not within (a)):
- (i) the holder of a bearer certificate representing that unit; or