ADVOKS GLOBAL · KENYA
The Capital Markets (Collective Investments Schemes) Regulations, 2023
127. Contents of annual accounts
Edition: 2023-12-15 · In force
127. Contents of annual accounts
(1)A report which relates to an annual accounting period shall contain—(a)accounts which shall include a balance sheet and an income and expenditure account;(b)a statement of commissions paid on dealing as required by the Sixth Schedule;(c)a comparative table relating to that period stating the matters set out in the Sixth Schedule;(d)a copy of a report of the auditor to the holders of participatory interests on the accounts contained in the report stating the matters set out in the Sixth Schedule;(e)a copy of a report of the trustee and custodian to the holders of participatory interests stating the matters set out in the Sixth Schedule and supplied to the fund manager by the trustee or custodian; and(f)figures for the total expense ratio of the scheme referred to in the Sixth Schedule.(2)A report which relates to any accounting period shall contain the accounts of the scheme for the period to which the report relates which shall include the matters required to be stated therein by the Authority.(3)A report which relates to any accounting period shall be signed by at least two directors of the fund manager.