Collective Investment Schemes Control Act, 2002 (Act No. 45 of 2002)Part XI : Conversion of Collective Investment Scheme80. Resolution by investors |
| (1) | As soon as the registrar has approved a conversion, the manager must obtain a resolution passed by investors authorising the conversion. |
| (2) | If the investors pass a resolution authorising the conversion, the registrar must, at the request of the manager, issue a certificate to the manager confirming the registrar's approval of the conversion. |