Contents of the trust deed

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..... nd rights of the Collective Investment Management Company, (d) the policies for issue, pricing of units and expenses of the 3 [collective investment scheme], including payment of fees and distribution of income and gains and accounting, (e) the policies for disclosures of the investors of various 4 [collective investment scheme]s objectives and investment objectives in offer documents and advertisements and annual and half-yearly reporting requirements, (f) provisions to ensure that the auditor for the 5 [collective investment scheme] shall be different from the Auditor of the Collective Investment Management Company. Further, it shall contain conditions of appointment, retirement, removal and replacement of auditor of the 6 [collective inv .....

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..... ensure the public availability of the trust deed for inspection of unit holders and investors, (s) provisions to ensure that unit holders shall have beneficial interest in the trust property to the extent of individual holding in respective 7 [collective investment scheme]s only. 2. Trustee s duties regarding information properly, etc. The Trust Deed shall lay down that the trustee shall: (a) obtain necessary information and a quarterly report from the Collective Investment Management Company, (b) make spot checks on the Collective Investment Management Company regarding pricing of units and payment into and out of the 8 [collective investment scheme] and proper accounting of the income of the 9 [collective investment scheme] and charging .....

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..... ollective investment scheme] and shall also act as a Custodian of the assets of the 15 [collective investment scheme]. 3. Obligations of the Company The Trust Deed shall lay down that Collective Investment Management Company shall: (a) float 16 [collective investment scheme]s for the 17 [collective investment scheme] after approval by the trustee, and manage the funds mobilised under various 18 [collective investment scheme]s, in accordance with the provisions of the Trust Deed, Offer document and regulations, (b) not invest the corpus of the 19 [collective investment scheme] in other 20 [collective investment scheme], (c) not without the approval of the trustee publish or cause to be published any advertisement containing any invitation to .....

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