Date-stamp loading
Version status: Repealed | Document consolidation status: Updated to reflect all known changes
Version date: 26 December 1990 - onwards
  Version 3 of 3    

10. Orders in relation to unit trust schemes.

Repealed from 26 December 1990

(1) The Minister may by order make such provision as he reasonably considers necessary for the protection of the interests of persons participating as beneficiaries under any trusts created under registered unit trust schemes.

(2) Without prejudice to the generality of subsection (1) of this section, an order under this section -

(a) may provide that the prices at which the manager under a registered unit trust scheme buys and sells units of the scheme and the yield from the units shall be respectively calculated in the manner specified in the order.

(b) may provide that accounts relating to the trusts created under the scheme shall be kept in such form as may be specified in the order and may specify, for the purposes of section 16 (1) of this Act, such of those accounts as the Minister thinks appropriate,

(c) may prohibit or regulate (in such manner as may be specified in the order) the publishing by or on behalf of the manager under the scheme of advertisements or documents con

Comparing proposed amendment...