(1) Without limiting the application of subsection 286(1) to the retail or wholesale CCIV, the CCIV must also, for each sub-fund of the CCIV, keep written financial records that:
(a) correctly record and explain the transactions relating to the sub-fund and the financial position and performance of the sub-fund; and
(b) would enable true and fair financial statements to be prepared and audited for the sub-fund; and
(c) comply with any further requirements prescribed by regulations made for the purposes of this paragraph.
Note: Section 9 defines financial records .
(2) The remaining provisions of Part 2M.2 apply in relation to the financial records for the sub-fund as if the sub-fund were the CCIV.
(3) This section does not apply if the CCIV has only one sub-fund.