Periodic disclosures require collective investment managers and trustees to furnish audited annual accounts and quarterly reports to the Board. Regulation 48 requires the Collective Investment Management Company and the trustee to make disclosures as called by the Board, and mandates that the management company furnish, on behalf of each collective investment scheme, audited annual statements of account including balance sheet and profit and loss account annually, quarterly unaudited accounts, and a quarterly statement of changes in net assets.
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Provisions expressly mentioned in the judgment/order text.
Periodic disclosures require collective investment managers and trustees to furnish audited annual accounts and quarterly reports to the Board.
Regulation 48 requires the Collective Investment Management Company and the trustee to make disclosures as called by the Board, and mandates that the management company furnish, on behalf of each collective investment scheme, audited annual statements of account including balance sheet and profit and loss account annually, quarterly unaudited accounts, and a quarterly statement of changes in net assets.
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