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

25. Termination of scheme
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The manager may terminate the scheme at any time provided that not less than six months written notice must be given to all participants and to the registrar, specifying the date of such termination. From the date of such written notice the manager may not accept monies for investment in participation bonds in the scheme to be terminated.