Restrictions on business activities
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.... Collective Investment Management Company shall not : a) undertake any activity other than that of managing the ^1[collective investment scheme]; b) act as a trustee of any^ 2[collective investment scheme]; c) launch any ^3[collective investment scheme] for the purpose of investing in securities; d) invest in any ^4[collective investment scheme] floated by it. Provided that a Collec....


TaxTMI