Wednesday 4 July 2012

UK: Scotland: trust law - Law Commission consultation

As part of its review of trust law, the Scottish Law Commission has published a short consultation paper in which it asks, amongst other things, whether it would be desirable to permit two type of charitable investment funds - Collective Investment Funds (CIFs) and Collective Deposit Funds (CDFs) - to be set up under Scots law: see here (pdf).

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