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<h1>Terms of registration: mutual funds must comply with regulations, correct false filings, disclose material changes, and pay required fees.</h1> Terms of registration require the trustees, sponsor, asset management company and custodian to comply with the Regulations; the mutual fund must promptly correct or notify the regulator if previously submitted information was materially misleading or false and must notify any material change bearing on registration; and registration is subject to payment of fees specified in the Regulations and the Second Schedule.