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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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large ACS investor

49in relation to an ACS, a person who in exchange for units in the scheme:

  1. (a) makes a payment of not less than £1,000,000; or
  2. (b) contributes property with a value of not less than £1,000,000.