Section 210
of Securities Markets Order, 2013
Section 210
(2)
If the Authority makes an order under subsection (1). it must give notice in writing of the order to the applicant.
(3)
The operator and the custodian must be different persons who are independent of each other.
(4)
The operator and the custodian must each -
{aj be ct body corporate incorporated in Brunei Darussalam; and
{bj have a place of business in Brunei Darussalam, and the affairs of each must be administered in the country or territory in which it is incorporated.
(5)
The name of the collective investment scheme must not be undesirable or misleading.
(6)
The purposes of the collective investment scheme must be reasonably capable of being successfully carried into effect.
Time limits for determination of collective investment scheme licence.