> For the complete documentation index, see [llms.txt](https://mykapital.gitbook.io/mykapital-faqs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://mykapital.gitbook.io/mykapital-faqs/faq-general/3.md).

# What is the nature of schemes allowed under the Interest Schemes Act 2016?

Under the Interest Schemes Act 2016, a scheme can be any of the following nature:

{% stepper %}
{% step %}
Investment Scheme;

{% endstep %}

{% step %}
Recreational membership Scheme;

{% endstep %}

{% step %}
Time-sharing Scheme; or

{% endstep %}

{% step %}
A Combination of such schemes

{% endstep %}
{% endstepper %}
