Authorised Unit Trust - Definition - Law Dictionary Home Dictionary Definition authorised-unit-trust

Definition :

Authorised unit trust, means, as respects an accounting period, a unit trust scheme in the case of which an order under the Financial Services Act, 1986 (UK) is in force during the whole or part of that accounting period, Halsbury's Laws of England, Vol. 5(1), 4th Edn., para 212, p. 173.