Securities Markets Regulations, 2015 · s 78

Suggest a correction

Tell us what is wrong in this text. We check every suggestion against the official version before we change anything.

What is wrong?Wrong or mistyped wordsWrong structure or numberingWrong title or detailsText that appears twice

What should change, and whyUp to 2,000 characters.The text as it should read (optional)Edit the text above. Up to 20,000 characters.Where you checked it (optional)A link to the official version, if you have one.

The text as we hold it

Open the official text

s 78

A regulated person may make an offer or undertake a transaction for or on behalf of a client in respect of a unit of a foreign collective investment scheme

(a}

if the collective investment scheme is a recognised collective investment scheme by the Authority under the Order; and

(b)

if the collective investment scheme is a property collective investment scheme, which complies with the requirements in this Chapter in relation to a foreign property collective investment scheme.