The Board of Directors of the DIFCA, in the exercise of the powers conferred on them under Article 132 and Article 151 of the Companies Law 2018 hereby make these Regulations.
These Regulations apply to:
a. a person making an application to incorporate an Investment Company under the Law;
b. an Investment Company;
c. the Fund Manager of an Investment Company;
d. the Directors, employees and staff of an Investment Company and of its Fund Manager; and (e) any other person carrying on any function or service in relation to an Investment Company.
Capitalised terms are defined terms in:
a. the Law or Regulations made under that law;
b. the Regulatory Law 2004 and Rules made under that law;
c. the Collective Investment Law 2010 and Rules made under that law; or
d. the Insolvency Law 2009 and Rules made under that law.
Where capitalisation of the initial letter is not used, an expression has its natural meaning, unless otherwise provided in these Regulations or the context requires otherwise. The terms:
a. ‘administrative receiver’ has the meaning given in Article 14...