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Section 5 Ending of Gross Income Fund

Original text. Later amendments are not shown.

(1)

The effective date shall be an additional accounting date in relation to the Capital Fund, the High Yield Fund and the Gross Income Fund, and dividends shall be paid on units of those funds in accordance with the Principal Scheme.

(2)

The dividend date, in relation to the dividends payable under sub-paragraph (1), shall be:

(a)

for the Capital Fund, 15th May 1999;

(b)

for the High Yield Fund, 1st October 1999; and

(c)

for the Gross Income Fund, 15th May 1999.

(3)

The right to the final GIF dividend, in relation to the units in the Gross Income Fund, shall have effect notwithstanding the cancellation of those units in accordance with paragraph 7(2).