PIN 9.6 PIN 9.6 Limitations on distributions by DIFC incorporated insurers in run-off
DIFC Incorporated Insurerthat is in run-off may make any distribution of profits or surplus however called or described, or return of capital, or any payment of management fees (other than fees payable under a contract notified to the DFSAin accordance with PIN Rule 9.5.2), without the written consent of the DFSA. Any such distribution or return of capital or payment of management fees must be made within the period, if any, specified in the written notice of consent given by the DFSA.
Derived from DFSA RM06/2004 (Made 16th September 2004). [VER1/09-04]