THE COLLECTIVE INVESTMENT SCHEMES (OPEN-ENDED INVESTMENT COMPANIES) REGULATIONS, 2003.

ARRANGEMENT OF REGULATIONS.

Regulation

Part I—Preliminary.

1.                   Citation and commencement.

2.                   Application.

3.                   Interpretation.

Part II—Constitution.

4.                    Instrument of incorporation.

5.                    Categories of company.

6.                    Share classes.

7.                   Larger and smaller denomination shares.

8.                    Subdivision and consolidation of shares.

Part III—Prospectus.

9.                   Drawing up of prospectus.

10.                  Availability of prospectus.

11.                  Inspection of prospectus.

12.                  False or misleading prospectus.

13.                  Revision of prospectus.

14.                   Changes to prospectus.

Part IV—Pricing and Dealing Division A—Initial Fixed Price Offers

15.                  Introduction to this Part and to Division A.

16.                  Initial price.

17.                   Compulsory termination of initial fixed price offer.

Division B—Issue and Cancellation

18.                  Introduction.

19.                  Issue of shares by company.

20.                   Issue of shares to meet