The investors may request that the courts appoint a representative if they wish to pursue a claim for damages in favour of the open-ended collective investment scheme.
The court shall give notice of the appointment in the media of publication of the open-ended collective investment scheme.
The representative has the same rights as the investors.
If the representative files an action for damages in favour of the open-ended collective investment scheme, the investors may no longer exercise their individual right to file such an action.
Unless the court decides otherwise, the expenses incurred by the representative are paid by the investment fund.
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