Variation of terms of the scheme

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ut not yet exercised by the employees, if such variation is not prejudicial to the interests of the employees. (2) The investment manager shall obtain the approval of unitholders as per sub-regulation (5) of regulation 22 of these regulations before varying the terms of the unit based employee benefit scheme. (3) Notwithstanding the provisions of sub-regulation (1), the investment manager may v....