Distribution Event
A distribution event is:
(a) the appointment of a liquidator, receiver or administrator, or trustee in bankruptcy, over the Authorised Firm or its Nominee Company ;
(b) the appointment of a liquidator, receiver or administrator, or trustee in bankruptcy, over a Third Party Agent of the Authorised Firm or its Nominee Company ; or
(c) the coming into force of a direction by the DFSA in respect of all Client Assets held by the Authorised Firm .
Derived from DFSA RM12/2004 (Made 16th September 2004). [VER1/09-04]