CIR 5.1.1

(1) Subject to (2), this chapter applies to an Authorised Firm which is appointed as a Fund Administrator to either a Domestic or a Foreign Fund.
(2) This chapter does not apply to a Fund Manager or Trustee to the extent that it carries on an activity of Providing Fund Administration within the Financial Services of Managing a Fund or of Acting as the Trustee of a Fund.
Derived from RM72/2010 (Made 11th July 2010). [VER13/07-10]