In forceAs enactedCurrent version · As enacted
Securities Markets Regulations, 2015 · As enacted · Chapter V
Securities Markets Regulations, 2015 · As enacted · Chapter V
Official textFrom Attorney General's Chambers, unchanged
(ll The operator of a collective investment scheme, or if it is a collective investment scheme structured as an investment trust, the trustee, must take 241
BRUNEI DARUSSALAM GOVERNMENT GAZETTE reasonable steps to ensure that no dealings in relation to the collective investment scheme property give rise to a conflict of interest.
Where a conflict of interest arises, the operator, and if appointed, the trustee, must disclose to the unit holders the nature of the conflict and how the conflict will be managed.
Valuation of collective investment scheme.