33. Duties of a person providing oversight functions

(1) A person providing oversight of a Fund shall:
(a) act honestly;
(b) exercise the degree of care and diligence that a reasonable person would exercise if he were in that person's position;
(c) not make improper use of information acquired in that position in order to:
(i) gain an improper advantage for himself or another person; or
(ii) cause detriment to Unitholders in the Fund;
(d) not make improper use of his position as such a person to gain, directly or indirectly, an advantage for himself or for any other person or to cause detriment to the Unitholders in the Fund;
(e) disclose to the Fund's auditor any information pertinent to the auditor's role;
(f) comply with any other duty or obligation as may be prescribed by or under this Law or any other legislation administered by the DFSA, and
(g) carry out or comply with any other duty, not inconsistent with DIFC Law, that is conferred on him by the Fund's Constitution.
(2) A person providing oversight of a Fund is to take all reasonable steps to assist the DFSA in exercising its powers under Part 5 of the Regulatory Law 2004.