Implementation of Geneva Conventions Act, 2012
R 385
Collective Investment Schemes Control Act, 2002 (Act No. 45 of 2002)Board NoticesDetermination of Securities, Class of Securities, Assets or Classes of Assets that may be included in a portfolio of a Collective Investment Scheme in Securities and the manner in which and the limits and conditions subject to which Securities or Assets may be so includedChapter V : Inclusion of Financial Instruments in a Portfolio19. Assets in liquid form associated with listed and unlisted financial instruments to be maintained in terms of this Chapter |
| (1) | A manager must at all times ensure that a portfolio has sufficient assets in liquid form in aggregate to comply with the requirements of paragraphs 16(c), 16(0, 16(g), 16(h), 16(i) and 17 of this Notice. |
| (2) | The amount of assets in liquid form may be adjusted by any amount held in a margin account of an exchange as cover but may not include borrowed funds. |
