Existing collective investment schemes must seek provisional or full registration or face rejection by the regulator. Existing collective investment schemes operating at commencement are deemed existing and must comply with Chapter IX; operation includes performing obligations under subscriber documents. These schemes must apply to the Board as prescribed by regulation 5. The Board may grant provisional registration, grant a certificate of registration, or reject the application under the applicable regulatory provisions.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Existing collective investment schemes must seek provisional or full registration or face rejection by the regulator.
Existing collective investment schemes operating at commencement are deemed existing and must comply with Chapter IX; operation includes performing obligations under subscriber documents. These schemes must apply to the Board as prescribed by regulation 5. The Board may grant provisional registration, grant a certificate of registration, or reject the application under the applicable regulatory provisions.
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