An application by a manager to establish an incubator portfolio must be made in accordance with the provisions of section 42 read with section 98 of the Act, and be accompanied by—
(a) |
A business plan including the following:— |
(i) |
the projected size of the portfolio over a five-year period; |
(ii) |
an indication of where assets will be sourced; |
(iii) |
a description of any possible area of conflict of interest, and the actions to be taken in circumstances of a conflict of interest; |
(iv) |
a description of the marketing and distribution strategies; and |
(v) |
a description of systems and resources to be used, and |
(b) |
An agreement contemplated in paragraph 6 of this Notice. |