Statistics Act, 1999
R 385
Collective Investment Schemes Control Act, 2002 (Act No. 45 of 2002)Board NoticesRules for the administration of a collective investment scheme in participation bonds23. Insurance |
The manager must hold adequate insurance against losses resulting from the negligence, dishonesty or fraud of all persons (including valuers and directors) engaged by the manager and the nominee company for the purpose of the scheme.