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{{a|repack|{{subtable|{{small|80}}235. Collective investment schemes | {{a|repack|{{subtable|{{small|80}} | ||
235. Collective investment schemes | |||
{{L1}} | {{L1}} | ||
In this Part “[[collective investment scheme]]” means any arrangements with respect to [[property]] of any description, including [[money]], the purpose or effect of which is to enable persons taking part in the arrangements (whether by becoming owners of the property or any part of it or otherwise) to participate in or receive profits or income arising from the acquisition, holding, management or disposal of the property or sums paid out of such profits or income. <li> | In this Part “[[collective investment scheme]]” means any arrangements with respect to [[property]] of any description, including [[money]], the purpose or effect of which is to enable persons taking part in the arrangements (whether by becoming owners of the property or any part of it or otherwise) to participate in or receive profits or income arising from the acquisition, holding, management or disposal of the property or sums paid out of such profits or income. <li> | ||