PRIV S1.17 Other Statements and Provisions for CIC

(1) For a CIC, the following statements:
(a) if the scheme is an open-ended scheme — statement that the scheme is an open-ended company with variable share capital;

Note Open-ended scheme is defined in r 1.2.7 (1).
(b) a statement providing particulars of the scheme's capital structure, including the maximum and minimum sizes of the scheme's capital;
(c) a statement of the proportion of a larger denomination share represented by a smaller denomination share for any relevant class of units.

Note CIC is defined in r 1.2.12.
(2) For a CIC that is an open-ended scheme, a provision authorising the allocation of redeemable shares without limit by reference to the CIC's net asset value at the relevant time.
Derived from QFCRA RM/2010-06 (as from 1st January 2011)