Trust Deed requirements ensure trustee duties and manager obligations govern protection and management of collective investment scheme assets. The Trust Deed must set out comprehensive requirements governing protection and management of collective investment scheme assets, trustee responsibilities, management company obligations, policies on unit issuance and pricing, disclosure and reporting, auditor independence, restrictions on encumbering trust property, procedures for amendment and trustee removal with prior regulatory and unit holder approval, and assurance that unit holders hold beneficial interest only to the extent of their individual holdings.
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.
Trust Deed requirements ensure trustee duties and manager obligations govern protection and management of collective investment scheme assets.
The Trust Deed must set out comprehensive requirements governing protection and management of collective investment scheme assets, trustee responsibilities, management company obligations, policies on unit issuance and pricing, disclosure and reporting, auditor independence, restrictions on encumbering trust property, procedures for amendment and trustee removal with prior regulatory and unit holder approval, and assurance that unit holders hold beneficial interest only to the extent of their individual holdings.
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