MKT 6.2.1

Past version: effective from 14/07/2013 - 17/12/2018
To view other versions open the versions tab on the right

A Person may have the Units of a Fund admitted to an Official List of Securities only if:

(a) in the case of a Domestic Fund, it is a Public Fund; and
(b) in the case of a Foreign Fund:
(i) it is a Designated Fund from a Recognised Jurisdiction; or
(ii) it is a Fund approved by the DFSA as a Fund subject to equivalent regulation as that applying to a Public Fund; and
(iii) which meets the criteria of a Property Fund, it is a closed-ended investment vehicle and 60% or more of the Fund's assets comprise Real Property.
Derived from RM81/2011 (Made 30th November 2011). [VER1/11-11]
[Amended] DFSA RM120/2013 (Made 14th July 2013). [VER4/07-13]