NTIn ForceRegulation
BUILDING (RBI AND FIDELITY FUND SCHEMES) REGULATIONS 2012
88Assessment and amendment of compliance plan
Start here
Get a plain-English read of 88
Turn the raw legal text into a practical explanation grounded in BUILDING (RBI AND FIDELITY FUND SCHEMES) REGULATIONS 2012.
88 Assessment and amendment of compliance plan (1) As soon as practicable after the end of each financial year the trustees of a scheme must assess whether the compliance plan is adequate for the purposes of the scheme. (2) The trustees: (a) may, at any time, amend the compliance plan to ensure it is adequate for the purposes of the scheme; and (b) if the compliance plan is amended – must give the Minister a copy of the amended plan within 14 days after the amendment.