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Designated Investment Funds Act, 1985 (No. 16)Introductory TextActs Referred to1. Interpretation.2. Designated investment fund not unit trust.3. Requirements regarding trustees under scheme establishing designated investment fund.4. Prospectus.5. Issuing, publishing or circulation of certain documents relating to designated investment funds restricted.6. Trustees of designated investment funds required to enter into specified agreement prior to investing moneys of fund in private companies.7. Withdrawal of approval under section 5.8. Subscriptions to designated investment funds to be accepted on and subject to terms and conditions specified in prospectus.9. Expenses.10. Short title and collective citation.
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Version status: In force | Document consolidation status: No known changes
Version date: 16 July 1985 - onwards

2. Designated investment fund not unit trust.

It is hereby declared that a designated investment fund is not a unit trust scheme within the meaning of the Unit Trusts Act, 1972, and accordingly none of the provisions of that Act shall apply as regards any such fund.

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