An application by a manager to establish a co-named 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) |
agreement, as contemplated in paragraph 11. |
Older Persons Act, 2006
