المادة 11: Investment Restrictions of the Public Financing Fund

Eleventh: Investment Restrictions of the Public Financing Fund

a) The total borrowing of the public financing fund shall not exceed (15%) of the net asset value of the Fund.

b) As an exception to paragraph (a) of this Clause, if the Financing Fund is listed on the Parallel Market, the total borrowing of the Fund shall not exceed (50%) of the total size of the Fund.

c) The Public Financing Fund shall not bear any exposure to one beneficiary, or to more than one beneficiary belonging to the same group, equal to or exceeding (25%) of the fund’s total size.