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  1. Point in time
    2007-12-14

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
  2. (b) sums paid out of profits or income in (a); or
  3. (c) other benefits where expressly permitted by a provision in CIS. 3