(1) This section applies to an individual if -
(a) in relation to the individual (as a beneficial owner of the common contractual fund), the particulars referred to in section 18A(1)(a) and (b) are stated in a common contractual fund's beneficial ownership register,
(b) a relevant change occurs,
(c) the individual knows of the change or ought reasonably to do so,
(d) the common contractual fund's beneficial ownership register has not been altered to reflect the change, and
(e) the individual has not been given a notice by the management company under section 18D by the end of the period of one month beginning with the day on which the change occurred.
(2) For the purposes of this section, a relevant change occurs if -
(a) the individual referred to in subsection (1) ceases to be a beneficial owner of the common contractual fund referred to in that subsection, or
(b) any other change occurs as a result of which the particulars (stated in the common contractual fund's beneficial ownershi
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