CMA LAW: Circular No. (14) of 2017 Regarding the compliance of all Funds liquidator with the provisions of Unitholders Assembly mentioned in Chapter Two of Module Thirteen of the Executive Bylaws

"Circular to All Funds Managers Subject to the Provisions of Module Thirteen "

Fund Liquidator

Greetings,

We would like to draw your attention to the importance of complying with the provisions of the Unitholders’ Assembly stipulated in article (2-35) of Module Thirteen of the Executive Bylaws of Law No. (7) of 2010 and their amendments, when funds unitholders’ assembly under liquidation is held.  

Furthermore, you are required to comply with the provision of article (2-37) of Chapter Two (Funds) of Module Thirteen (Collective Investment Schemes) of the Executive Bylaws of Law No. (7) of 2010 and their amendments and the compliance with all requirements stipulated in the Bylaws regarding liquidation. 

Mishaal M. Al-Usaimi
 

Issued on: 18/12/ 2017

Copy of the Official Document

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