Article 39(f): Subscription and Offering
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.
f) The offering period of the Fund shall be specified, and in case the required minimum amount, which stipulated in the fund’s terms and conditions that must be collected is not reached, the subscription amounts must be returned back to the unitholders, then the fund manager must cancel the offering and return the fund's unitholders without any deduction within a period not exceeding (5) days from the date of ending the offer.
Text read on · 8b609525e60b
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 — Real Estate Investment Funds Regulations (English)Edition 11/2025
- Last read
- first read
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