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Dubai Financial Services Authority (DFSA): Contents

Dubai Financial Services Authority (DFSA)
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Collective Investment Rules (CIR) [VER25/07-19]
Part 6 Rules Specific to Specialist Classes of Domestic Funds
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Whole SectionText only Print Print Manager Link


  Versions
(1 version)
 
Jul 11 2010 onwards

CIR 13.4.3



Whole Section PDF

The definitive version of DFSA handbook text is the PDF version as that is the text of the instrument as made and published by the DFSA.

To view past versions of this module in PDF format, please visit the Archive.

(1) A Fund ManagerG of a Property FundG must, subject to (2), call a meeting of UnitholdersG to vote on the election of at least three experts who are independent of the Fund ManagerG to sit on an investment committee of the FundG .
(2) A Fund ManagerG of a FundG which is constituted as an Investment TrustG need not appoint an investment committee.
(3) The committee members in (1) are appointed to review investment opportunities and must not involve themselves in the day to day management of the FundG .
Derived from RM72/2010 (Made 11th July 2010). [VER13/07-10]