Authorised unit trust | Practical Law
Authorised unit trust
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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.