GEN 2.12.1

Past version: effective from 01/07/2008 - 10/07/2010
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(1) In GEN Rule 2.2.2, Operating a Collective Investment Fund means:
(a) establishing, operating or winding up a Collective Investment Fund; and
(b) being responsible for the management of the property held for or within a Fund under the Fund'sConstitution.
(2) To the extent that any activity under (1) constitutes Managing Assets, Providing Fund Administration, Dealing as Agent, Dealing as Principal, Arranging Credit or Deals in Investments, or Providing Custody, such a Financial Service is taken to be incorporated within Operating a Collective Investment Fund.
Derived from DFSA RM01/2004 (Made 16th September 2004). [VER1/09-04]
[Amended][VER8/04-06]
[Amended] DFSA RM56/2008 (Made 1st July 2008). [VER19/07-08]