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Securities Markets Regulations, 2015 · s 146
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Securities Markets Regulations, 2015 · s 146
Tell us what is wrong in this text. We check every suggestion against the official version before we change anything.
(1)
An operator of a property collective investment scheme must ensure that when a joint ownership arrangement is entered into, the property collective investment scheme has a majority stake or holding in respect of that arrangement, that is, more than 50 per cent ownership and control in each property at all times.