Authorised version
Rodrigues, M.
Authorised version - 2002 - Estates Gazette (0207) 16 February 2002, 115(1) .
Explains that the provisions of the Financial Services Act 1986 could affect surveyors. It considers the implications for surveyors who promote, establish and operate a property investment vehicle, such as limited partnership or unit trust, in the course of their business. Concludes that it is important to consider whether structuring property investments with pooled contributions will create a collective investment scheme, as promotion restrictions apply to CIVs, and an authorised person will have to be involved from the beginning of any campaign.
FINANCIAL SERVICES AND MARKETS ACT 2000
PROPERTY INVESTMENT VEHICLES
CIS
COLLECTIVE INVESTMENT SCHEMES
FINANCIAL SERVICES ACT 1986
FINANCIAL SERVICES AUTHORITY
Authorised version - 2002 - Estates Gazette (0207) 16 February 2002, 115(1) .
Explains that the provisions of the Financial Services Act 1986 could affect surveyors. It considers the implications for surveyors who promote, establish and operate a property investment vehicle, such as limited partnership or unit trust, in the course of their business. Concludes that it is important to consider whether structuring property investments with pooled contributions will create a collective investment scheme, as promotion restrictions apply to CIVs, and an authorised person will have to be involved from the beginning of any campaign.
FINANCIAL SERVICES AND MARKETS ACT 2000
PROPERTY INVESTMENT VEHICLES
CIS
COLLECTIVE INVESTMENT SCHEMES
FINANCIAL SERVICES ACT 1986
FINANCIAL SERVICES AUTHORITY