CmaBylaw
Executive Bylaws
2-35-2 Of Module Thirteen: Collective Investment Schemes
Section: Chapter Two: Funds
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Monday, 13 February 2017
The Unit holder assembly shall look into and decide on the following issues: 1. The Fund Manager’s report on the Fund’s activity and its financial position. 2. The Auditor’s report on the Fund’s annual audited financial statements. 3. The annual audited financial statements of the Fund. 4. The External Sharia Auditing Office’s report (for Funds licensed to operate in accordance with the provisions of sharia). 5. The Investment Controller’s report. 6. Amendments of the Articles of Association related to the acquired rights of Unit holders. 7. Dismissal of the Fund Manager. 8. Appointment of a substitute Fund Manager. 9. Select the Fund’s liquidator and supervise the works thereof. Resolutions of the Unit holders assembly shall not be implemented without the approval of the Authority.
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