Status: You are viewing the version of the handbook as on 2005-06-30.

simplified prospectus scheme

    means:

      1. (a) a UCITS scheme that is not a recognised scheme under section 264 of the Act (Schemes constituted in other EEA States); or
      1. (b) a key features scheme for which an election that is permitted by COB 6.2.22 R (2) (schemes) has been made.32