Regulatory Alerts2023-09-07
Unit Trusts Control – Act 54 of 1981
The national legislature issued the Unit Trusts Control Act (Act 54 of 1981) to regulate unit trust operations. The legislation requires licensed entities to adhere to strict compliance standards, financial reporting thresholds, and governance frameworks. Maintained through a 2024 update, the act continues to enforce these operational mandates while streamlining administrative oversight.
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