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Advisor

In relation to a Fund, a Person who is retained by the Fund, its Eligible Custodian, a Person providing oversight or its Fund Manager under a commercial arrangement which is not a contract of service:

(a) to supply any of them with the advice in relation to the Fund as to the merits of investment opportunities or information relevant to the making of judgments about the merits of investment opportunities; or
(b) to exercise for any of the functions concerning the management of the Fund Property.
[Added][VER8/04-06]
[Amended] DFSA RM56/2008 (Made 1st July 2008). [VER17/07-08]
[Amended] DFSA RM72/2010 (Made 11th July 2010) [VER23/07-10]