Section 92 | Interpretation.

(1)Subject to subsection (2) below, in this Act—^F1

(a)“unit trust scheme” has the same meaning as in the Financial Services Act 1986,^F2

(b)“authorised unit trust” has the meaning given by section 468(6) of the Taxes Act 1988,^F3

(c)“investment trust” has the meaning given by section 842 of the Taxes Act 1988,^F4F3

(d)“court investment fund” means a common investment fund established under section 1 of the Administration of Justice Act 1965.

(2)The Treasury may by regulations provide that any scheme of a description specified in the regulations shall be treated as not being a unit trust scheme for the purposes of this Act.^F5

(3)Regulations under this section—^F5

(a)may contain such supplementary and transitional provisions as appear to the Treasury to be necessary or expedient, and^F5

(b)shall be made by statutory instrument, which shall be subject to annulment in pursuance of a resolution of the House of Commons.^F5