ADVOKS GLOBAL · KENYA
The Capital Markets (Collective Investments Schemes) Regulations, 2023
141. The chairperson
Edition: 2023-12-15 · In force
141. The chairperson
(1)A trustee shall preside at every meeting of participants.(2)Where the trustee is not present, a person, other than the fund manager, who need not be a participant, nominated in writing by the trustee, shall preside at every meeting of holders and, if no such person is nominated or if at any meeting the person nominated is not present within fifteen minutes after the time appointed for holding the meeting, the participants present shall choose one of their number to be chairperson.