Investment Company Act Section 3(c)(7) Model Procedures for Equity Issuances in the London Capital Markets
These model procedures (the “London Equity Procedures 2012”) for equity issuances in the London capital markets under Section 3(c)(7) (“Section 3(c)7)”) of the Investment Company Act of 1940, as amended (the “Investment Company Act”) contain procedures designed specifically for the London capital markets that may be used by non-U.S. investment companies seeking exemption from registration under Section 3(c)(7) of the Investment Company Act. The London Equity Procedures 2012 are only appropriate for non-U.S. issuers.
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