Transfer of dividend and redemption proceeds: obligation to timely pay unitholders, interest for delay and potential penalties. Regulation 53 requires the asset management company to transfer dividend payments and redemption or repurchase proceeds to unitholders within periods specified by the Board; failure to transfer within those periods attracts an obligation to pay interest at a Board-specified rate for the delay and may attract further regulatory action or penalties. Physical despatch of proceeds or dividend payments is restricted to exceptional circumstances and must be documented with reasons.