Article 52(c): Offer Requirements for Closed-Ended Investment Traded 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.
c. the mechanism of the fund manager to allocate units among subscribers.
2) The mechanism of increasing the fund's total assets value, through accepting cash or in-kind contributions, or both.
3) A letter by the fund manager’s legal advisor, who is licensed to practice the profession in the Kingdom, regarding the legal due diligence report in the form set out in Annex
(12) of these Regulations.
4) A letter by the fund manager regarding the due diligence report in the form set out in Annex (13) of these Regulations.
c. When submitting an application for offering, the fund manager must provide the Authority with any contracts related to the fund or the fund's assets management.
Text read on · b53e6c79d733
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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