COLL S2.19 CIP Partnership Agreement Binding Etc

For a CIP, a statement that the partnership agreement—

(a) is binding on each unitholder as if the unitholder had been a party to it; and
(b) authorises and requires the operator and independent entity to do everything required or permitted of them by its terms.

Note CIP is defined in r 1.3.8. Partnership agreement is defined in the glossary.
Derived from QFCRA RM/2010-05 (as from 1st January 2011)