S.L. 370.34 Art. 15PIFs.

(1) A PIF in relation to which a notification may be submitted in terms of these regulations may be established using any one of the following structures:

(a) an investment company with variable share capital under the Companies Act (Investment Companies with

Variable Share Capital) Regulations;

(b) an investment company with fixed share capital under the Companies Act (Investment Companies with Fixed

Share Capital) Regulations;

(c) an incorporated cell company under the Companies Act (SICAV Incorporated Cell Company)

Regulations;

(d) an incorporated cell of a Recognised Incorporated Cell Company under the Companies Act (Recognised Incorporated Cell Companies) Regulations;

(e) a limited partnership under the Companies Act;

(ea) a special limited partnership fund under the Investment Services Act (Special Limited Partnership Funds) Regulations;

(f) a unit trust under the Trusts and Trustees Act; or

(g) a contractual fund under the Investment Services Act (Contractual Fund) Regulations.

(2) A notification to the competent authority in terms of regulation 17, shall not be submitted for the following categories of collective investment schemes:

(a) Repealed by Legal Notice 32 of 2025;

(b) PIFs which are not marketed and sold exclusively to qualifying investors and, or professional investors;

(c) PIFs which invest in non-eligible assets as laid down in Investment Services Rules.