Collective Investment Schemes Control Act, 2002 (Act No. 45 of 2002)

Board Notices

Rules for the administration of a collective investment scheme in participation bonds

18. Assets of nominee company not included in a scheme
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The rights of a participant in the participation bonds included in a scheme are limited to his or her rights in respect of the bonds and any collateral security relating thereto and do not extend to other property or securities registered in the name of the nominee company or to any other assets of the nominee company not included in the scheme.