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

Part XI : Conversion of Collective Investment Scheme

80. Resolution by investors

 

(1) As soon as the registrar has approved a conversion, the manager must obtain a resolution passed by investors authorising the conversion.

 

(2) If the investors pass a resolution authorising the conversion, the registrar must, at the request of the manager, issue a certificate to the manager confirming the registrar's approval of the conversion.