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


      1. (1) (except in COLL and CIS ) (in relation to any of the following (whether constituted in the United Kingdom or under the law of a country or territory outside it)):
        1. (a) an unincorporated association;
        1. (b) a body corporate;
        1. (c) (in SYSC, PRU 9.1 (Responsibility for insurance mediation activity) repute) and SUP 10 (Approved persons) a partnership; 14
        1. (d) (in SYSC and SUP 10 (Approved persons)) a sole trader;
        any person appointed to direct its affairs, including a person who is a member of its governing body and (in accordance with section 417(1) of the Act):
        1. (i) a person occupying in relation to it the position of a director (by whatever name called); and
        1. (ii) a person in accordance with whose directions or instructions (not being advice given in a professional capacity) the directors of that body are accustomed to act.
      1. (2) (in COLL and CIS) a director of an ICVC, including (in accordance with regulation 2(1) of the OEIC Regulations) a person occupying in relation to the ICVC the position of director, by whatever name called.316