Section 121
of Securities Markets Regulations, 2015
Subsidiary LegislationIn forceProvision 121 of 199
Section 121
(b)
a statement whether, in any material respect
(i)
the issue, sale, redemption and cancellation, and calculation of the price of the units and the application of the collective investment scheme's income, have not been carried out in accordance with the regulations, the constitution and the prospectus; and
(ii)
the investment and borrowing powers and restrictions applicable to the collective investment scheme have been exceeded.
Auditor's report requirements.