PRIV 1.2.6 Who is the Operator?

(1) The operator of a collective investment scheme (or scheme) is the person responsible under these rules for managing the scheme, including all of the scheme property.

Note 1 Scheme property is defined in r 1.2.3

Note 2 The operator may outsource the management of all or a part of the scheme property (see pt 6.5).
(2) This rule does not limit the operator's functions under these rules.

Note Function is defined in the glossary.
Derived from QFCRA RM/2010-06 (as from 1st January 2011)