Guidance Note on Permitted Structures for Scheme Types

Guidance Note - Permitted Structures for Scheme Types January 2017 Isle of Man Structure Non Isle of Man Structure 1931 Act Co. 2006 Act Co. PCC Unit Trust LLP Co. PCC Unit Trust LLP Current Scheme Type Authorised Scheme          Regulated Fund          Specialist Fund          Qualifying Fund          Exempt Scheme          Overseas Scheme          Recognised Scheme          Superseded Scheme Type (no new schemes permitted) Full International Scheme          Experienced Investor Fund         

Isle of Man Financial Services Authority Jan 2017 Page 2 of 2 1931 Act Co. an Isle of Man Company incorporated under the Companies Act 1931 2006 Act Co. an Isle of Man Company incorporated under the Companies Act 2006 PCC Protected Cell Company LLP Limited Liability Partnership Co. Company Status of Guidance: The Isle of Man Financial Services Authority issues guidance for various purposes, including to illustrate best practice, to assist licenceholders to comply with legislation and to provide examples or illustrations. Guidance is, by its nature, not law, however it is persuasive. Where a person follows guidance this would tend to indicate compliance with the legislative provisions, and vice versa.