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Collective Investment Schemes Control Act, 2002 (Act No. 45 of 2002)

Part VIII : Foreign Collective Investment Schemes

67. Withdrawal of approval of foreign collective investment scheme

 

The registrar may at any time withdraw an approval under section 65 if—

(a) it is desirable or in the interest of investors or potential investors to do so;
(b) the manager has submitted inaccurate or misleading information in its application; or
(c) any of the conditions referred to in section 65(1)(c) are no longer met.