(1) The following are specified kinds of activity -
(a) establishing, operating or winding up a collective investment scheme;
(b) acting as trustee of an authorised unit trust scheme;
(bb) acting as the depositary of an authorised contractual scheme;
(c) acting as the depositary or sole director of an open-ended investment company.
(2) In this article, "trustee", "authorised unit trust scheme", ''authorised contractual scheme'' and "depositary" have the meaning given by section 237 of the Act.