S.L. 370.34 Art. 12Amendmentstothe prospectus of a Notified AIF.

(1) The AIFM shall submit a notification to the competent authority of any amendments to the prospectus of a Notified AIF

together with an updated copy thereof provided that the prospectus complies with the applicable Investment Services Rules.

(2) The AIFM shall submit a notification in terms of sub-regulation (1) within thirty calendar (30) days from the date of the resolution of the governing body of the AIF approving the amendments to the prospectus of the Notified AIF.

(3) The competent authority shall acknowledge receipt of the amendments to the prospectus within five (5) working days from the date of filing of the notification request with the competent authority.

(4) Changes to the prospectus shall not be effective until such time as they are acknowledged by the competent authority.