In forceAs enactedCurrent version · As enacted
Securities Markets Regulations, 2015 · As enacted
Official textFrom Attorney General's Chambers, unchanged
(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.