Chief Executive Officer,
- Having considered the Federal Law No. 4 of 2000 Concerning the Emirates Securities and Commodities Authority and Market, as amended,
- The Federal Decree-Law No. 181 of 2017 on Appointing the CEO of Securities and Commodities Authority,
- The Cabinet Decision No. 13 of 2000 Concerning the Regulations for Functioning of the Securities and Commodities Authority, as amended,
- The Authority Board of Directors’ Chairman Decision No. 9/R.M of 2016 Concerning the Regulations as to Investment Funds, and
- Based on the requirements of interests of the work,
Has decided:
An in-kind share provided by the investor for subscription in the investment fund units shall be as follows:
1. It shall be a right of ownership or usufructuary on a real state property or material movable.
2. It shall be consistent with the fund prospectus and its investment policy.
3. It shall be able to be liquidated.
4. It shall not be subject to judicial dispute.
5. It shall not be charged with any rights or guarantees in favor of third parties.
6. It...