Article 39(k): Public Fund Board
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.
k. If any board director resigned or ceased to provide services, the fund manager must:
1) notify the Authority within (10) days.
2) replace the member of the fund’s board of director with another person within (45) days from the day the fund manager becomes aware of such resignation or cessation of services, in case the requirements set out in Paragraph (b) of this Article are not met.
Text read on · 88aef07f6932
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 — Investment Funds Regulations (English)Edition 11/2025
- Last read
- first read
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