المادة 27(e): Segregation of Assets

e. The custodian must deposit all cash belonging to the investment fund into the relevant bank account referred to in Paragraph (a) or Paragraph (c) of this Article, whichever applies, and must deduct from the relevant bank account payments for investments and expenses incurred in the management and operation of the investment fund in accordance with these Regulations, the updated Fund’s Terms and Conditions that it received from the fund manager, and the contract by which the custodian was appointment by the fund manager.