Collective Investment Schemes Control Act, 2002 (Act No. 45 of 2002)Part XII : General86. Business capacity of manager |
| (1) | A manager may conduct business other than administration subject to the prior approval of the registrar. |
| (2) | The registrar may on such conditions as he or she may determine approve the application of a manager to conduct other business, if the investors in the collective investment scheme administered by the manager are not likely to be prejudiced. |
| (3) | A manager may conduct business other than administration subject to the prior approval of the registrar. |
| (4) | The registrar may on such conditions as he or she may determine approve the application of a manager to conduct other business, if the investors in the collective investment scheme administered by the manager are not likely to be prejudiced. |