ADVOKS GLOBAL · KENYA
The Capital Markets (Collective Investment Schemes) Regulations
105. Accounts and reports
Edition: 2022-12-31 · In force
105. Accounts and reports
(1)While a collective investment scheme is being wound up:—(a)the annual and half-yearly accounting periods shall continue to run;(b)the provisions about annual and interim allocation of income shall continue to apply; and(c)annual and half-yearly reports shall continue to be required.(2)The fund manager need not send to each holder a copy of any report relating to an accounting period or half-yearly accounting period which began after the effective time, if the trustee or board of directors of the collective investment scheme as the case may be, after consulting the Authority, are satisfied that the interests of the holders are not such as to require the report to be sent to the holders, but a copy of the report shall be sent or supplied free of charge to any holder requesting the same.