CmaBylaw
Executive Bylaws
7-3 Of Module Eleven: Dealing in Securities
Section: Chapter Seven: Special Purpose Vehicle Companies
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Sunday, 12 February 2017
Special Purpose Vehicle Companies’ purposes are limited to the issue of Bonds and Sukuk as shown in their contracts. These companies shall not pursue any other purposes, even if similar to their purposes. They shall be wound up by force of law once the purposes for which they are formed are achieved.
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