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    <title>Existing collective investment schemes to obtain provisional registration</title>
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    <description>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.</description>
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      <description>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.</description>
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