(1) The assets of an investment company shall be entrusted to a trustee for safe-keeping in accordance with these Regulations.
(2) A trustees liability as referred to in Regulation 52 shall not be affected by the fact that it has entrusted to a third party some or all of the assets in its safekeeping.
(3) The assets of an investment company shall belong exclusively to the investment company. The assets shall be segregated from the assets of the trustee or its agents or both and shall not be used to discharge directly or indirectly liabilities or claims against any other undertaking or entity and shall not be available for any such purpose.