CmaBylaw
Executive Bylaws
4-5 Delisting Of Module Twelve: Listing Rules
Section: Chapter Four: Listing of Local Funds Units
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Sunday, 12 February 2017
The Authority may cancel the listing of units of Fund on the Exchange in any of the following cases: 1. If the Fund no longer complies with any of the listing requirements stipulated in this Module which is related to one of the following: a. Reducing the capital of the Fund below the minimum limit as stipulated in this Module, unless it complies with such rules within a year from the date of this reduction. b. Failure to appoint a service provider for a period of six months from after being notified of its necessity by the Authority. c. If the trading of Units of the Fund was suspended for a more than a period of six months without taking any proper procedures to resume trading by the Fund Manager. 2. If the Fund stopped practicing its licensed activities temporarily for more than a year. 3. If the license of the Fund is cancelled for any reason. 4. If the Fund was terminated for any reason.
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