Older Persons Act, 2006
R 385
Collective Investment Schemes Control Act, 2002 (Act No. 45 of 2002)Part IX : Trustee or Custodian71. Status of assets |
For purposes of this Act any—
| (b) | an asset of a portfolio, |
are regarded as being trust property for the purposes of the Financial Institutions (Protection of Funds) Act, 2001 (Act No. 28 of 2001), and a manager, its authorised agent, trustee or custodian must deal with such money or other assets in terms of this Act and the deed and in the best interests of investors.
