Section 78

all trust deeds or contractual agreements;

all prospectuses or product disclosure statements;

all certificates issued under this Act;

all registers, statutory books, records and documents as required under this Act;

all minutes of all meetings and resolutions of interest holders;

the copies of all written communications to all interest holders or all holders of the same class of shares;

the copies of all financial statements of the scheme; and

the accounting records of the scheme required under section 51.

The documents referred to in subsection (1) shall be kept at the registered office for a period of at least seven years, unless otherwise stated in the other provisions of this Act.

Any document referred to in subsection (1) may be kept at a place other than at the registered office of a management company provided that prior notice to the Registrar has been given within fourteen days of the change.

A management company that contravenes this section commits an offence and shall, on conviction, be liable to a fine not exceeding fifty thousand ringgit and, in the case of a continuing offence, to a further fine not exceeding five hundred ringgit for each day during which the offence continues after conviction.

Interest Schemes

87