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Dubai Financial Services Authority (DFSA): Contents

Dubai Financial Services Authority (DFSA)
Collective Investment Law
Collective Investment Law (CIF)
Rulebook Modules
Sourcebook Modules
Consultation Papers
Policy Statements
DFSA Codes of Practice
Amendments to Legislation
Media Releases
Financial Markets Tribunal

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  • 62. Winding up required by a Fund's Constitution

    The Constitution of a Fund may provide that the Fund is to be wound up:

    (a) at a specified time; or
    (b) in specified circumstances or on the happening of a specified event;
    but a provision of the Constitution that purports to provide that the Fund is to be wound up if a particular Authorised Firm ceases to be its Operator or Trustee is of no effect including for the purposes of Article 65(1)(a).