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The Capital Markets (Collective Investment Schemes) Regulations

83. General and extra-ordinary meetings

Edition: 2022-12-31 · In force

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83. General and extra-ordinary meetings

(1)The trustee, board of directors, fund manager or holders, as the case may be, shall convene a general meeting within three months after the relevant meetings.
(2)The trustee, board of directors, fund manager or holders, as the case may be, may convene an extra-ordinary meeting of holders at any time but not later than six weeks after receipt of the requisition.
(3)A requisition shall—
(a)state the objects of the meeting;
(b)be dated;
(c)be signed by holders who, at that date, are registered as the holders of shares representing not less than one-tenth in value of all of the shares in the collective investment scheme then in issue;
(d)be deposited at the head office of the collective investment scheme.
(4)A requisition may consist of several documents deposited with the fund manager at the same time, each being in like form and signed by one or more holders.
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Source: Kenya Law