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s 24C

Information for investors and prospective investors in common fund

In force
Part VInvestment of estate funds and common funds

24C Information for investors and prospective investors in common fund

(1)

The Public Trustee must, within 4 months after the end of each financial year, send to each investor (other than an estate) in a common fund an extract from the Public Trustee's annual report to the

Minister for that year containing the information required under section 19(3).

(2)

The Public Trustee must not accept money from a prospective investor (other than an estate) in a common fund unless the prospective investor has first been given an extract from the Public

Trustee's last annual report to the Minister containing the information required under section 19(3) together with any further information required to update the investor information contained in the report.

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