Collective Investment Schemes Control Act, 2002 (Act No. 45 of 2002)Part V : Collective Investment Schemes in Property50. Listing of participatory interests by exchange |
| (1) | A manager of a collective investment scheme in property must apply for permission for such participatory interests to be dealt in on a licensed exchange. |
| (2) | Part D of Chapter 2 of the Companies Act applies to the repurchase of a participatory interest by a collective investment scheme in property and for the purposes of this subsection, "shares" as referred to in that Part includes participatory interests in a collective investment scheme in property. |
[Subsection 2 amended by section 226 of Act No. 45 of 2013]