Intellectual Property Rights from Publicly Financed Research and
R 385
Collective Investment Schemes Control Act, 2002 (Act No. 45 of 2002)Part XI : Conversion of Collective Investment Scheme77. Conversion of collective investment scheme |
A manager may not convert a collective investment scheme—
| (a) | without the approval of the registrar; and |
| (b) | unless authorised by a resolution adopted by a majority in value of investors in the manner determined by the registrar. |
