Clause 87
Disclosure of policies and practices
BillNot in forceProvision 23 of 113
Clause 87
(1)
The trustee-manager of a registered business trust shall attach to the profit and loss account of the registered business trust required under section 76(1) a statement of its policies and practices in relation to its management and governance of the registered business trust containing such information and description as may be prescribed by the Authority.
(2)
Any trustee-manager of a registered business trust which contravenes subsection (1) shall be guilty of an offence.