المادة 15(d): Delegation by the Fund Manager

d. The fund manager may delegate one or more third parties or any of its affiliates to act as a distributor of the Fund’s units. The distributor must be appointed pursuant to a written agreement, and any distributor delegated within the Kingdom must be a capital market institution licensed to carry out the activity of dealing or the activity of advising; and the fund manager may delegate a party outside the Kingdom to undertake distribution activities outside the Kingdom.