(a) The Bank shall require that the merging UCITS and the receiving UCITS draw up the Terms. The Terms shall set out the following particulars:
(i) an identification of the type of merger and of the UCITS involved;
(ii) the background to and rationale for the proposed merger;
(iii) the expected impact of the proposed merger on the unit-holders of both the merging UCITS and the receiving UCITS;
(iv) the criteria adopted for valuation of the assets and, where applicable, the liabilities on the date for calculating the exchange ratio as referred to in Regulation 65(1);
(v) the calculation method of the exchange ratio;
(vi) the planned effective date of the merger;
(vii) the rules applicable, respectively, to the transfer of assets and the exchange of units; and
(viii) in the case of a merger pursuant to paragraph (b) of the definition in Regulation 3(1) of "merger" and, where applicable, paragraph (c) of that definition, the trust deed, deed of constitution or articles of the newly co
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