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Dubai Financial Services Authority (DFSA): Contents

Dubai Financial Services Authority (DFSA)
Rulebook Modules
Collective Investment Rules (CIR) [VER25/07-19]
Part 6 Rules Specific to Specialist Classes of Domestic Funds
CIR 13 Additional Requirements for Specialist Funds
Sourcebook Modules
Consultation Papers
Policy Statements
DFSA Codes of Practice
Amendments to Legislation
Media Releases
Financial Markets Tribunal

Whole SectionText only Print Print Manager Link

(1 version)
Jul 11 2010 onwards

CIR 13.4.18

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) The Fund ManagerG of a Property FundG must, subject to the approval of the TrusteeG , appoint a PersonG who is able to provide professional valuation services in accordance with the RulesG in this section.
(2) The Fund ManagerG must ensure that the PersonG appointed under (1) values each Real PropertyG prior to its acquisition and disposal.
(3) The Fund ManagerG must commission the PersonG referred to in (1) to produce a valuation report of the Property FundG each year in accordance with CIR Rule 13.4.22. The net asset value of the FundG following this valuation must be reported in the annual report of the FundG .
Derived from RM72/2010 (Made 11th July 2010). [VER13/07-10]