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Dubai Financial Services Authority (DFSA): Contents

Dubai Financial Services Authority (DFSA)
Rulebook Modules
Collective Investment Rules (CIR) [VER25/07-19]
Sourcebook Modules
Consultation Papers
Policy Statements
DFSA Codes of Practice
Amendments to Legislation
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Financial Markets Tribunal

Whole SectionText only Print Print Manager Link

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

CIR A2.1.1

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) A Fund ManagerG of a Public FundG , or in the case of a FundG which is structured as an Investment TrustG , the TrusteeG , must nominate in writing a PersonG to be the chairman of a meeting of UnitholdersG and such a PersonG must be a UnitholderG other than the Fund ManagerG .
(2) If no such chairman is nominated or if at any meeting the PersonG nominated is not present within 15 minutes after the time appointed for holding the meeting, the UnitholdersG present must choose another chairman.
(3) In the case of an equality of votes cast whether on a show of hands or on a poll in respect of a resolution put to a meeting of the UnitholdersG , any chairman appointed in accordance with the ConstitutionG or under these RulesG is entitled to a casting vote in addition to any other vote the chairman may have.
Derived from RM72/2010 (Made 11th July 2010). [VER13/07-10]
[Amended] DFSA RM137/2014 (Made 21st August 2014). [VER17/06-14]