Template:COBS Section designated investment

designated investment:
(1) a security or a contractually-based investment (other than a funeral plan contract and a right to or interest in a funeral plan contract), that is, any of the following investments, specified in Part III of the Regulated Activities Order (Specified Investments):(a) life policy (subset of article 75 (Contracts of insurance));

(b) share (article 76);

(c) debenture (article 77);

(ca) alternative debenture (article 77A);

(d) government and public security (article 78);

(e) warrant (article 79);

(f) certificate representing certain securities (article 80);

(g) unit (article 81);

(h) stakeholder pension scheme (article 82(1))

(ha) personal pension scheme (article 82(2));

(i) option (article 83); for the purposes of the permission regime, this is sub-divided into:

(i) option (excluding a commodity option and an option on a commodity future);

(ii) commodity option and option on a commodity future;

(j) future (article 84); for the purposes of the permission regime, this is sub-divided into:

(i) future (excluding a commodity future and a rolling spot forex contract);

(ii) commodity future;

(iii) rolling spot forex contract;

(k) contract for differences (article 85); for the purposes of the permission regime, this is sub-divided into:

(i) contract for differences (excluding a spread bet and a rolling spot forex contract);

(ii) spread bet;

(iii) rolling spot forex contract;

(l) rights to or interests in investments in (a) to (k) (article 89);

(2) a P2P agreement; and
(3) a long-term care insurance contract which is a pure protection contract.