the fund shall be recorded according to the employees’ interest segregated by each employer, provided that the following incomes and expenses of the fund shall be calculated and recorded as incomes or
on prevention of conflicts of interest (“COI”) in managing a mutual fund as well as to monitor and oversee acts that may cause COI, unfair characteristic or cause unitholders to lose the interest that
and replaced by the following texts: “SECTION 13. Any commission member who has an interest in the matter to be considered, shall declare such interest and shall be prohibited from participating in such
specified in a trust instrument, including any property, interest, debt and liability arising from management of a trust in compliance with a trust instrument or this Act. This English translation of the
and a trustee are the same person. “trust property” means any property as specified in a trust instrument, including any property, interest, debt and liability arising from management of a trust in
. “trust property” means any property as specified in a trust instrument, including any property, interest, debt and liability arising from management of a trust in compliance with a trust instrument or this
) in case of pooled fund, the incomes and expenses of the fund shall be recorded according to the employees’ interest segregated by each employer, provided that the following incomes and expenses of the
, the incomes and expenses of the fund shall be recorded according to the employees’ interest segregated by each employer, provided that the following incomes and expenses of the fund shall be calculated
to be recorded in accordance with the employees’ interest or recorded as the average by the number of employees of one or more employers.” SECTION 7. The provision in the first paragraph of Section 23
an approved project, mutatis mutandis. Section 18. The transfer of assets under an approved project which legally carries interest at the rate exceeding fifteen per cent per annum shall not be subject