Collective Investment Schemes Control Act, 2002 (Act No. 45 of 2002)Board NoticesRules for the administration of a collective investment scheme in participation bonds13. Registers to be kept by manager |
(1) | The manager must keep a Register of Bonds and a Register of Participatory Interests, which must include the following information:— |
(a) | Register of Bonds |
(i) | particulars of all participation bonds included in the scheme; |
(ii) | the balances owing under the bonds from time to time; |
(iii) | the names of the mortgagors; and |
(iv) | a description of the properties so bonded. |
(b) | Register of Participatory Interests |
(i) | the names of participants in the scheme; |
(ii) | the extent of their participatory interests from time to time; and |
(iii) | the date of each investment by such participants. |
(2) | The register of bonds must be available for inspection by any person with a legitimate interest in the information, free of charge, at the registered office of the manager during the normal business hours of the manager. |
(3) | The register of participatory interests must be available for inspection by the registrar or any person with a legitimate interest in the information. |