Housing Development Agency Act, 2008
R 385
Collective Investment Schemes Control Act, 2002 (Act No. 45 of 2002)Part XII : General104. Separation of assets of portfolio handed to or received by manager, trustee or custodian |
For the purposes of a claim against a manager, trustee or custodian there must be excluded from the assets of the manager, trustee or custodian—
| (a) | any money or other assets handed to that manager, trustee or custodian or its authorised agents by an investor for the sale or repurchase of a participatory interest; and |
| (b) | the assets of a portfolio. |
