NTIn ForceRegulation
BUILDING (RBI AND FIDELITY FUND SCHEMES) REGULATIONS 2012
72Financial management
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72 Financial management The trustees of a scheme must ensure the scheme is maintained solely for the following purposes: (a) the issuing of certificates to builders in accordance with the Act, these Regulations and the scheme's trust deed; (b) the payment of amounts to beneficiaries under certificates in accordance with the Act, these Regulations and the scheme's trust deed; (c) any other purpose the Minister specifies by Gazette notice.