Stamp Duties Act, 1968 (Act 77 of 1968)
R 385
Collective Investment Schemes Control Act, 2002 (Act No. 45 of 2002)43. Change of name of manager, portfolio or collective investment scheme in securities and change of shareholding or directors and removal of appointees |
| (a) | change the name under which it is registered under this Act or change its shareholding or directors; |
| (b) | use or refer to itself by a name other than the name under which it is so registered or a literal translation thereof; |
| (c) | use or refer to itself by an abbreviation or a derivative of such name; or |
| (d) | change the name of its collective investment scheme in securities or any portfolio administered by it as approved by the registrar. |
| (2) | The registrar may by notice require a manager to terminate the appointment of a director or officer of that manager, if the director or officer is not fit and proper to hold the office in question. |
| (3) | When the registrar intends to act as contemplated in subsection (2), the registrar must give notice to the manager, and, unless it is impracticable to do so, the director or officer concerned. of the registrar’s intention and the reasons therefor, and the director or officer must thereupon cease to perform the functions of the office in question pending the final outcome of any appeal under section 24. |
