Related provisions for LR 15.5.2

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LR 15.4.2RRP
A closed-ended investment fund must, at all times, invest and manage its assets: (1) in a way which is consistent with its object of spreading investment risk; and(2) in accordance with its published investment policy.
LR 15.4.8RRP
A closed-ended investment fund must obtain the prior approval of the holders of the majority of its ordinary equity shares to any material change to its published investment policy.
LR 15.4.9GRP
In considering what is a material change to the published investment policy, the closed-ended investment fund should have regard to the cumulative effect of all the changes since its shareholders last had the opportunity to vote on the investment policy or, if they have never voted, since the admission to listing.
LR 15.2.5RRP
(1) No more than 10%, in aggregate, of the value of the total assets of a closed-ended investment fund at admission may be invested in other listed closed-ended investment funds.(2) The restriction in (1) does not apply to investments in closed-ended investment funds which themselves have published investment policies to invest no more than 15% of their total assets in other listed closed-ended investment funds.
LR 15.2.6RRP
If an applicant principally invests its funds in another company or fund ("A") and A invests in a portfolio of investments, the applicant must control the investment policy of A and ensure that A complies with the requirements relating to the spread of investment risk set out in this chapter (see LR 15.2.2 R to LR 15.2.5 R).
LR 15.2.7RRP
An applicant must have a published investment policy that contains information about the policies which the closed-ended investment fund will follow relating to asset allocation, risk diversification, and gearing, and that includes maximum exposures.
LR 15.5.5RRP
[to follow]
LR 15.6.2RRP
In addition to the requirements in LR 9.8 (Annual financial report), a closed-ended investment fund must include in its annual financial report:(1) a statement (including a quantitative analysis) explaining how it has invested its assets with a view to spreading investment risk in accordance with its published investment policy; (2) a statement, set out in a prominent position, as to whether in the opinion of the directors, the continuing appointment of the investment manager
LR 15.6.8RRP
A closed-ended investment fund must notify a RIS of the following:(1) within two business days of the end of each calendar month, a list of all investments in other listedclosed-ended investment funds, as at the last business day of that month, which themselves do not have stated investment policies to invest no more than 15% of their total assets in other listed closed-ended investment funds; and(2) within two business days of the end of each quarter, a list of all investments