Without limiting any other disclosure obligations of the Fund Manager under these Rules, if the Fund Manager of a Public Property Fund itself acts as custodian of Real Property in accordance with
[CIR Rule 13.4.2], it must prominently disclose in the Fund'sProspectus:
(a) that it acts as custodian of the Real Property;
(b) the risks that may arise as a result of it acting as custodian rather than delegating the function to an Eligible Custodian; and
(c) the measures and safeguards it has in place to ensure the proper segregation and protection of the Real Property.
(Made 9th December 2015). [VER19/02-16]