ADVOKS GLOBAL · KENYA
The Capital Markets (Collective Investments Schemes) Regulations, 2023
170. Service of notices and documents
Edition: 2023-12-15 · In force
170. Service of notices and documents
(1)Any notice required to be served upon a participant shall be deemed to have been duly given—(a)in the case of participatory interests for the time being represented by investment certificates, if it is given in the manner provided for in the most recently published incorporation documents; or(b)in the case of participatory interests held by a registered participant, if it is sent by e-mail, post to or left at his or her address as appearing in the register.(2)Any notice required to be served or information to be supplied or given to any other person, including the Authority, shall be in writing in such other form as enables the recipient to know or record the time of receipt and to preserve a legible copy of the notice.(3)Any notice served by—(a)email shall be deemed to have been served at the time recorded in the transmission report;(b)post shall be deemed to have been served on the second day following that on which the letter containing the notice is posted, and in proving such service, it shall be sufficient to prove that such letter was properly addressed, stamped and posted.(4)Service of a notice or document on any one of several joint holders shall be deemed effective service on the other joint holders.