Collective Investment Schemes Control Act, 2002 (Act No. 45 of 2002)Part VIII : Foreign Collective Investment Schemes67. Withdrawal of approval of foreign collective investment scheme |
The registrar may at any time withdraw an approval under section 65 if—
| (a) | it is desirable or in the interest of investors or potential investors to do so; |
| (b) | the manager has submitted inaccurate or misleading information in its application; or |
| (c) | any of the conditions referred to in section 65(1)(c) are no longer met. |