specified investment

any of the following investments specified in Part III of the Regulated Activities Order (Specified Investments):

1. (a) deposit (article 74);
2. (aa) electronic money (article 74A);
3. (b) contract of insurance (article 75); for the purposes of the permission regime, this is sub-divided into:
   1. (i) general insurance contract;
   2. (ii) long-term insurance contract;
   and then further sub-divided into classes of contract of insurance;
4. (c) share (article 76);
5. (d) debenture (article 77);
6. (e) government and public security (article 78);
7. (f) warrant (article 79);
8. (g) certificate representing certain securities (article 80);
9. (h) unit (article 81);
10. (i) stakeholder pension scheme (article 82(1)40);
11. (j) option (article 83); for the purposes of the permission regime, this is sub-divided into:
    1. (i) option (excluding a commodity option and an option on a commodity future);
    2. (ii) commodity option and an option on a commodity future;
12. (k) future (article 84); for the purposes of the permission regime, this is sub-divided into:
    1. (i) future (excluding a commodity future and a rolling spot forex contract);
    2. (ii) commodity future;
    3. (iii) rolling spot forex contract;
13. (l) contract for differences (article 85); for the purposes of the permission regime, this is sub-divided into:
    1. (i) contract for differences (excluding a spread bet and a rolling spot forex contract);
    2. (ii) spread bet;
    3. (iii) rolling spot forex contract;
14. (m) underwriting capacity of a Lloyd's syndicate (article 86(1));
15. (n) membership of a Lloyd's syndicate (article 86(2));
16. (o) funeral plan contract (article 87);
17. (oa) regulated mortgage contract (article 61(3);1518
18. (p) rights to or interests in investments (article 89).547