Variable Capital Companies Act 2018 · 2020 Revised Edition · Part 4 · Sub-Funds
28. Duty to provide certain information to Registrar
Feedback & supportAn umbrella VCC must, within one business day after —
umbrella VCC
“umbrella VCC” means a VCC the constitution of which provides that it consists of, or is to consist of, 2 or more collective investment schemes, or words to that effect;
the name of any of its sub-funds is changed; or
any of its sub-funds is dissolved,give a written notice of this to the Registrar.
The written notice must be given in the form and manner determined by the Registrar.
Registrar
“Registrar” means the Registrar of VCCs appointed under this Act, and includes any Deputy or Assistant Registrar of VCCs;
If an umbrella VCC contravenes subsection (1), the VCC and every officer of the VCC who is in default shall each be guilty of an offence and shall each be liable on conviction to a fine not exceeding $1,000, and also to a default penalty.
VCC
“VCC” or “variable capital company” means a body corporate incorporated as such under this Act;