Authorised unit trust | Practical Law

Authorised unit trust | Practical Law

Authorised unit trust

Authorised unit trust

Practical Law UK Glossary 1-107-6456 (Approx. 3 pages)

Glossary

Authorised unit trust.

A unit trust authorised by the Financial Services Authority under the Financial Services and Markets Act 2000. A UK unit trust must be authorised before it can be offered to the general public.