1. A Retail Investor AIF shall have an authorised AIFM.
2. The Retail Investor AIF shall notify the Central Bank of any proposed amendments to its prospectus. The Central Bank may object to the amendments notified to it and amendments objected to by the Central Bank shall not be made.
3. The Retail Investor AIF shall not alter its constitutional document or change its name without the prior approval of the Central Bank.
4. The Retail Investor AIF shall notify the Central Bank in advance of proposed amendments to material agreements entered into with third parties. The Central Bank may object to the amendments notified to it and amendments objected to by the Central Bank may not be made.
5. The Retail Investor AIF shall notify the Central Bank promptly of any material breach of the investment fund legislation, the requirements imposed on it by the Central Bank or provisions of its prospectus.