CIS Sch 4 Powers Exercised

The following powers and related provisions in or under the Act have been exercised by the FSA to make the rules in CIS:

1.

Section 138 (General rule-making power)

2.

Section 140 (Restriction on managers of authorised unit trust schemes)

3.

Section 156 (General supplementary powers)

4.

Section 247 (trust scheme rules)

5.

Section 248 (Scheme particulars rules)

6.

Section 278 (Rules as to scheme particulars)

7.

Section 283 (Facilities and information in UK)

8.

Section 340 (appointment)

9.

Paragraph 17(1) of Schedule 1 (fees)

10.

Regulation 6 (FSA rules) of the OEIC regulations

The Following powers in the Act have been exercised by the FSA to give the guidance in CIS

11.

Section 157(1) (Guidance)

The Following powers in the Act have been exercised by the FSA in CIS to specify and direct:

12.

Section 270(6)(b)

13.

Section 274(2), (4) and (5)1