S.L. 370.16 Art. 7Prospectus of a contractual fund.

(1) Where a contractual fund is required to issue a prospectus, it shall submit a draft copy thereof to the competent authority for its approval prior to the issue of the form of application for the subscription of units in the contractual fund.

(2) Upon approval, a signed copy of the prospectus of the contractual fund shall be submitted to the competent authority. Such copy shall be signed by at least two persons duly authorised in writing by the Board of Directors of the management company of the contractual fund.

(3) A certified true copy of the contractual fund’s prospectus may be submitted to the competent authority in lieu of the signed copy indicated in subregulation (2).

(4) The competent authority shall publish a copy of the prospectus of a contractual fund licensed in terms of the Act on its website.