Home   Browse contents   View updates   Search  
     Quick search
Go
   

Dubai Financial Services Authority (DFSA): Contents

Dubai Financial Services Authority (DFSA)
Laws
Rulebook Modules
Collective Investment Rules (CIR) [VER25/07-19]
Part 4 Core Rules Relating to Establishment and Management of Domestic Funds
Sourcebook Modules
Consultation Papers
Policy Statements
DFSA Codes of Practice
Amendments to Legislation
Media Releases
Notices
Financial Markets Tribunal
Archive

Whole SectionText only Print Print Manager Link


  Versions
(2 versions)
 
Jul 11 2010 - Aug 20 2014Aug 21 2014 onwards

CIR 8.11.1



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) In the case of a Public FundG , if at any time after the size of the Fund'sG capital has reached the minimum size provided in its ConstitutionG the size of that capital falls below that minimum size, the Fund ManagerG must immediately notify the DFSAG of that fact.
(2) The notification under (1) must also:
(a) state the Fund Manager'sG grounds for believing that the FundG is still commercially viable and the purpose of the FundG can still be accomplished; and
(b) be accompanied by the relevant Unitholders'G resolution supporting the Fund Manager'sG views in (1); or
(c) state what steps the Fund ManagerG has taken or will take to wind up the FundG .
Derived from RM72/2010 (Made 11th July 2010). [VER13/07-10]
[Amended] DFSA RM137/2014 (Made 21st August 2014). [VER17/06-14]