المادة 22(b): Fund Offering Requirements

b. If the Authority, after receiving the private offering notification and the relevant information and documents pursuant to paragraph (a) of this Article, considers that the proposed offering of units may not be commensurate with the fund manager’s ability or may result in a breach of the Capital Market Law or its Implementing Regulations, it may take any of the following actions:

1) carry out any enquiries it considers appropriate, including requiring the concerned person or its representative to appear before the Authority to answer the Authority’s questions and to explain any matters the Authority considers relevant to the offering; or

2) require the concerned person or others to provide additional information, or to confirm the accuracy of the information provided in such manner as the Authority may specify.