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Dubai Financial Services Authority (DFSA): Contents

Dubai Financial Services Authority (DFSA)
Laws
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
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DFSA Codes of Practice
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  Versions
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Jul 11 2010 - Jan 31 2016Feb 1 2016 onwards

CIR 13.4.16

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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) This Rule applies to a Related Party TransactionG of a Public Property FundG that involves either:
(a) services provided in the ordinary course of estate management of Real PropertyG of the FundG , including renovation and maintenance work; or
(b) engaging a property agent to provide services to the FundG , including advisory or agency services in property transactions.
(2) The Fund ManagerG , and if appointed, the TrusteeG , must ensure that if the value of the transaction is 5% or more of the most recent net asset value of the FundG as disclosed in the latest published audited accounts, it is entered into only with the prior approval of the oversight provider of that FundG .
Derived from RM72/2010 (Made 11th July 2010). [VER13/07-10]
[Amended] RM158/2015 (Made 9th December 2015). [VER19/02-16]