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Collective Investment Schemes Control Act, 2002 (Act No. 45 of 2002)

Part I : Collective Investment Schemes

2. Principles for administration of collective investment scheme

 

(1) A manager must administer a collective investment scheme honestly and fairly, with skill, care and diligence and in the interest of investors and the collective investment scheme industry.

 

(2) The assets of an investor must be properly protected by application of the principle of segregation and identification.