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CIR 4.1.5

A Person does not make an Offer of a Unit if:

(a) the Unit is of a Passported Fund;
(b) the DIFC is a Host Jurisdiction in relation to the Passported Fund;
(c) the Person making the Offer is the Fund Manager of the Fund, its Agent or another Licensed Person; and
(d) the Offer is made in accordance with the offer requirements in the Home Jurisdiction of the Fund, including relevant Fund Protocol rules or regulations.
Derived from RM235/2019 (Made 20th February 2019). [VER24/02-19]