Winding up of collective investment scheme

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....ied in the ^3[collective investment scheme] or on the accomplishment of the purpose of the ^4[collective investment scheme]. (2) Notwithstanding anything contained in sub-regulation (1), a ^5[collective investment scheme] may also be wound up- (a) on the happening of any event which, in the opinion of the trustee, requires the ^6[collective investment scheme] to be wound up and the prior app....

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....nit capital of the ^13[collective investment scheme] with a resolution that the ^14[collective investment scheme] be wound up and the approval of the Board is obtained. (3) Where a ^15[collective investment scheme] is to be wound up under sub-regulation (1) or sub regulation (2), the trustee shall give notice disclosing the circumstances leading to the winding up of the ^16[collective investmen....

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....l forward to the Board and the unit holders : (a) a report on the steps taken for realisation of assets of the ^20[collective investment scheme], expenses for winding up and net assets available for distribution to the unit holders, and (b) a certificate from the auditors of the ^21[collective investment scheme] to the effect that all the assets of the ^22[collective investment s....