Collective Investment Schemes Control Act, 2002 (Act No. 45 of 2002)Board NoticesRules for the administration of a collective investment scheme in participation bonds21. Statements of account |
The manager must furnish, in writing or by electronic means, each participant with a statement of account, at intervals of no more than three months, disclosing the amount of capital owing to the participant concerned and indicating how the net amount of interest paid has been calculated.