Article 64(d): Approval of the Authority and Consent of Unitholders to Fundamental

d. For the purposes of these Regulations, “fundamental change” means:

1) a change which significantly changes the purposes, nature or class of the public fund;

2) a change which may have a material adverse effect on the unitholders or their rights in relation to the closed-ended public fund;

3) a change which alters the risk profile of the public fund; or

4) the voluntary withdrawal of a fund manager from its position as the fund manager.

5) would reasonably be expected to cause the unitholders to reconsider their participation in the closed-ended public fund;

6) results in any increased payments out of the assets of the closed-ended public fund to a fund manager or any member of the fund board or an affiliate of either;

7) introduces any new type of payment out of the assets of the closed-ended public fund;

8) materially increases other types of payment out of the assets of the closed-ended public fund.

9) change in the eligibility date or the termination of the closed-ended public fund.

10) increase the total value of the closed-ended public fund’s assets by accepting cash or in-kind contributions, or both.

11) any other instances determined by the Authority from time to time and reported to the fund manager.