xiv. The Fund has complied in all previous tax years, except for tax years for which the applicable statute of limitations has expired, and intends to direct the investment of the proceeds of the offering described in the Registration Statement and the Prospectus in such a manner as to continue to comply, with the requirements of Subchapter M of the Internal Revenue Code of 1986, as amended ("Subchapter M of the Code"), and has qualified and intends to continue to qualify as a regulated investment company under Subchapter M of the Code.
Appears in 2 contracts
Sources: Dealer Manager Agreement (Central Europe & Russia Fund Inc), Dealer Manager Agreement (Hyperion Total Return Fund Inc)