Sections 8-11: Investment assets Section 9: "Eligible amount owing by virtue of a collective scheme investment"
This section provides that the following dormant amounts owing by virtue of an open-ended investment company; a unit trust; or an authorised contractual scheme are in scope of the Scheme:
share or unit conversion proceeds, converted to cash in line with relevant terms and provisions;
a redemption proceed;
a distribution of income; and
orphan monies.
	Subsection (4) specifies that an amount held in a Lifetime ISA is excluded when its transfer to the reclaim fund would result in liability to pay a withdrawal charge to HMRC.