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Securities Markets Regulations, 2015 · s 138
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Securities Markets Regulations, 2015 · s 138
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 collective investment scheme must ensure that the property of a feeder fund, except where otherwise provided in the Regulations, consists only of
(a}
units or debentures of a single master collective investment scheme;
(b}
in the case of a feeder fund which is a public collective investment scheme, units or debentures of an eligible master collective investment scheme.