Securities Markets Regulations, 2015 · s 102

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s 102( 1)

An operator of a public collective investment scheme must produce and maintain a procedure manual in respect of unit holder meetings covering the matters set out under this regulation and including, but not limited to, the following matters -

(a} voting rights;

(b}

right to demand a poll;

(c}

proxies;

(d}

minutes;

(e}

variation of class rights and class meetings.

(2)

The operator must distribute the meeting procedures manual to all unit holders.

(3)

In the case of a collective investment scheme structured as an investment trust, the operator must obtain the prior approval of the trustee in respect of the meeting procedures set out in the manual before its distribution to unit holders.