Collective Investment Schemes Control Act, 2002 (Act No. 45 of 2002)Part XII : General117. Repeal or amendment of laws and savings |
| (1) | Subject to subsection (2), the laws set out in Schedule 3 are hereby repealed or amended to the extent set out in the third column thereof. |
| (2) | Anything done under any provision of a law repealed or amended by subsection (1), and which could be done under a provision of this Act, is regarded as having been done under the last-mentioned provision. |
| (3) |
| (a) | A management company or a trustee which immediately before the date of commencement of this Act was registered as such under the Unit Trusts Control Act, 1981 (Act No. 54 of 1981), is regarded, from the date of such commencement, as being registered as a manager or trustee under this Act. |
| (b) | registrar must issue to a manager or trustee referred to in paragraph (a) a certificate of registration in terms of this Act. |