Article 6(e): Investment Restrictions of the Direct Financing Fund
As published by the Capital Market Authority and read from the source by the regulation watch; reproduced verbatim, with attribution and a link to the source.
e) The Direct Financing Fund Manager shall, when selling a financing contract relating to a beneficiary inside the Kingdom to a person inside the Kingdom, include a full -recourse right in the sale agreement, pursuant to which the purchaser of the financing contract within the Kingdom shall have the right of refer back to the Fund to demand payment in accordance with the arrangements specified in the contract.
Text read on · a9bb27d38e7e
History
Each time the regulation watch read the source and found these words changed, the earlier text was kept. Removed words are struck through, added words underlined.
No amendment has been seen since the platform first read these words on 2026-09-14.
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Source
The text is the Authority's, reproduced with attribution. The link opens the published document.
- Published at
- CMA — Instructions on the Financing of Investment Funds (English)Edition current
- Last read
- first read
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