Article 98(a): Restriction on Secondary Market Activity
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. Subsequent transfers of units in a private fund offered in accordance to the provisions of Article (83) of these Regulations may only be made to any of the followings:
1) to existing unitholders,
2) to investors under the categories of institutional and qualified clients,
3) where the maximum amount payable for such units is not more than (200) thousand Saudi Riyals, or an equivalent amount.
Text read on · 9c4dac555859
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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