(1) A UCITS may invest no more than 10 per cent of its assets in transferable securities and money market instruments other than those referred to in Regulation 45.
(2) An investment company may acquire real and personal property which is required for the purpose of its business
(3) A UCITS may not acquire either precious metals or certificates representing them.
(4) For the purposes of this Regulation and of the following Regulations in this Part, 'assets', in relation to a UCITS, means the net assets of a UCITS.