Section 198
of Securities Markets Regulations, 2015
Section 198
(i)
details of any proposed rebate of charges to be made to the unit holders who recently purchased the units;
{j) where the costs of winding up will fall
(i}
that the operator, having taken reasonable care in considering the matter, is certain that a transfer collective investment scheme is not practical;
(ii)
an explanation of what steps have been considered that would result in the collective investment scheme not requiring to wind up;
(iii)
confirmation that the operator has carried out its functions and duties in accordance with the Order and these
Regulations; and
(iv)
whether the collective investment scheme's investment and borrowing powers have been exceeded;
{k} the preferred date for the commencement of the winding up; and
{I}
any additional information that may be relevant to the Authority's consideration.
(3)
The Authority may request further information after receipt of the notification.
Fund transfer requirements.