CmaBylaw
Executive Bylaws
2-31-1 Of Module Thirteen: Collective Investment Schemes
Section: Chapter Two: Funds
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Monday, 13 February 2017
The Fund Manager shall not keep cash or cash equivalents only when necessary in one of the following cases: 1. To meet redemption requests of Units. 2. Manage the Fund in a proficient manner according to the investment objectives and complementary purposes thereof. The provision of this Article shall not be applicable during the first year of issuing the final license to the Fund.
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