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What are the grounds for refusing to grant registration?

April 26, 2017grounds refusing registration

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What are the grounds for refusing to grant registration?

1 Answer

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The Commission will refuse to grant registration if the public fund has a name which is undesirable or misleading; where the public fund or proposed public fund does not have a custodian who is independent of the manager or administrator or it determines that it is not in the public interest that registration should be granted.