In this Schedule any word or expression to which a meaning is assigned in the Act shall have that meaning, unless the context otherwise indicates or the term is defined in this Schedule.

"Act"

means the Collective Investment Schemes Control Act, No 45 of 2002, as amended, and includes a regulation, notice, rule and any other measure having the force of law made under this Act;

"Applicant"

means a person who has lodged an application with the Registrar to register as a Manager in accordance with the Act;

"Declaration"

means the declaration made by the Minister under section 63 of the Act and published as Government Notice 141 of 2015 in Government Gazette No. 38503 of 25 February 2015;

"Designated Person"

means a person conducting the business of a hedge fund as contemplated in paragraph 5 of the Declaration;

"Hedge Fund"

means a hedge fund as defined in the Declaration;

"Hedge Fund Notice"

means the Notice issued by the Registrar prescribing the requirements for hedge funds published in Government Gazette Number 38540 on 6 March 2015 as Board Notice 52 of 2015, and amended by Board Notice 70 of 2015 published on 1 April 2015 in Government Gazette Number 38626;

"Manager"

means a person approved as a manager of a collective investment scheme in hedge funds in accordance with the Act;

"Scheme"

means a collective investment scheme in hedge funds;

"Unregulated Hedge Fund"

means a Hedge Fund that existed prior to 1 April 2015.