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To access the FCA Handbook Archive choose a date between 1 January 2001 and 31 December 2004.

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dedicated

    (in relation to investments of an authorised fund) intended that the holders should participate in or receive:

      1. (a) profits or income arising from the acquisition, holding, management or disposal of investments of the relevant description; or
      1. (b) sums paid out of profits or income in (a); or
      1. (c) other benefits where expressly permitted by a provision in CIS. 3