Section 109: Arrangements for terminating and winding up collective investment
consolidated text (as at 2018, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
109. Arrangements for terminating and winding up collective investment
schemes
(1) A purported termination of a collective investment scheme shall not
be effective unless approved by the Commission.
(2) The CIS manager of a collective investment scheme shall not wind up
the scheme except in accordance with a plan for the winding up approved by
the Commission.
(3) The Commission shall not approve a plan for the winding up of a collective investment scheme unless it is satisfied that the interests of the participants are properly protected.
(4) This section shall apply subject to any order of the Court under section 110.