CmaBylaw
Executive Bylaws
2-20 Vacancy of the Fund’s Executive Committee Members or any of the Service Providers Of Module Thirteen: Collective Investment Schemes
Section: Chapter Two: Funds
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Monday, 13 February 2017
In the event of a vacancy in any of positions the Fund’s Executive Committee members or any of the service providers; the Fund Manager should notify the Authority within a maximum of five Business Days. The fund manager should apply for the vacant position(s) within fifteen Business Days as of the day of expiry of the notice period as specified in this article. The Fund’s records shall be amended in the Fund’s register with the Authority in the event of any changes that occur on the Articles of Association or to the service providers. In any event, the Fund Manager must notify the Unit holders within a maximum of five Business Days as of the date of position vacancy or occupation of any of the positions thereof.
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