BOARD NOTICE 96 OF 2005 FINANCIAL SERVICES BOARD COLLECTIVE INVESTMENT SCHEMES CONTROL ACT, 2002

EXEMPTION OF MANAGER OF COLLECTIVE INVESTMENT SCHEME IN PROPERTY FROM PART OF SECTION 94 (1)(a) OF COLLECTIVE INVESTMENT SCHEMES CONTROL ACT, 2002

Under section 22(a) of the Collective Investment Schemes Control Act, 2002 (Act No. 45 of 2002) (“the Act”), I, Robert James Gourlay Barrow, Registrar of Collective Investment Schemes, hereby exempt a manager administering a collective investment scheme in property under the Act, from the prohibition in section 94(1)(a) of the Act to sell any participatory interest at a price that exceeds the net asset value of that participatory interest.

RJG BARROW
REGISTRAR OF COLLECTIVE INVESTMENT SCHEMES

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