Collective investment scheme definition aligned with statutory meaning, replacing prior regulatory wording and effective on publication. The amendment substitutes sub regulation (2) of regulation 2 of the 1999 Regulations by providing that the expression 'collective investment scheme' shall have the same meaning as assigned to it under the Act, thereby aligning the regulatory definition with the statutory definition; the notification is made under the Act's rulemaking power and comes into force on publication in the Official Gazette.
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Provisions expressly mentioned in the judgment/order text.
Collective investment scheme definition aligned with statutory meaning, replacing prior regulatory wording and effective on publication.
The amendment substitutes sub regulation (2) of regulation 2 of the 1999 Regulations by providing that the expression "collective investment scheme" shall have the same meaning as assigned to it under the Act, thereby aligning the regulatory definition with the statutory definition; the notification is made under the Act's rulemaking power and comes into force on publication in the Official Gazette.
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