(a) The filing of any statement prescribed under section 16(a) of the Securities Exchange Act of 1934 (15 U.S.C. § 78p(a)) shall satisfy the corresponding requirements of section 30(h) of the Act (15 U.S.C. §§ 80a-29(h)).

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(b) The rules under section 16 of the Securities Exchange Act of 1934 (15 U.S.C. § 78p) shall apply to any duty, liability or prohibition imposed with respect to a transaction involving any security of a registered closed-end company under section 30(h) of the Act (15 U.S.C. §§ 80a-29(h)).

(c) No statements need be filed pursuant to section 30(h) of the Act (15 U.S.C. §§ 80a-29(h)) by an affiliated person of an investment adviser in his or her capacity as such if such person is solely an employee, other than an officer, of such investment adviser.

[67 FR 43537, June 28, 2002]