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Jul 11 2010 - Dec 22 2012Dec 23 2012 onwards

49. Applicable Laws



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(1) An offer to issue or sell a Unit or an interest in a Unit of a Fund ("Unit of a Fund") is governed by this Law and the Rules made for the purposes of this Law, except to the extent otherwise provided in Article 49(2).
(2) With the exception of Part 2 of the Markets Law 2012, the provisions in that law apply to any offer to issue or sell a Unit of a Fund.
(3) For the purposes of this Part and the Rules made for the purposes of this Part, the offer of a Unit of a Fund ("Offer of a Unit") has the meaning given to it in Article 19.