ANNEXURE B

REPUBLIC OF SOUTH AFRICA

FINANCIAL SERVICES BOARD

COLLECTIVE INVESTMENT SCHEMES CONTROL ACT, 2002

ASSOCIATION LICENCE

I hereby certify that.. ............................ has been granted, in terms of section 26 of the Collective Investment Schemes Control Act, 2002 (Act No. 45 of 2002), a licence/renewal of a licence as an association in respect of collective investment schemes in ............................................... for the period ending.. .............................. to carry on the business of an association as contemplated in section 25 of the Act at

............................................. (physical address).

Dated at ............................... this ................. day of ...............................................

............................................

Registrar of Collective Investment Schemes