Article 94(a): Consent of Unitholders to Changes
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.
a. A fund manager must obtain the consent of unitholders in the relevant fund by way of an ordinary fund resolution on the following changes:
1) a change which significantly changes the purposes, nature or class of the private fund;
2) the change that has an impact on the risk level of the private fund;
3) the change that results in a material increase of the aggregate payments made out of the assets of the closed-ended private fund;
4) the change that will make a negative or material effect on the rights of unitholders in relation to the closed-ended private fund;
5) the change of the due date or maturity date of private fund.
6) Any other cases determined by the Authority from time to time and reported to the fund manager.
Text read on · 3fe1a6104021
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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