Article 53(d): Closed-Ended Investment Traded Fund Buy-Back and Sale of its Units
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.
d. A closed-ended investment traded fund manager regarding buy-back of the fund's units must comply with the following:
1. Disclose on its website and the Exchange’s website, the decision of the Fund’s Board of Directors to approve the Fund’s buy-back of its units, at least half an hour before the start of the trading period for the next day.
2. Call for a meeting of unitholders in accordance with the provisions of Paragraph (d) of Article (77) of these Regulations.
Text read on · ec367cd0b37e
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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