Article 12 - Constitution
(1) A Foundation must have a Constitution that complies with these Regulations and such further requirements as may be prescribed in Rules by the QFC Authority.
(2) The Constitution must specify:
(A) the objects for which the Foundation is established;
(B) the names and addresses of the Members of the Council of the Foundation; and
(C) the name and address of the Registered Representative for the time being of the Foundation
(3) The Constitution must be in English.
(4) The QFC Authority shall not make the Constitution available on the Register or to the public, except in cases where there is either a statutory obligation or an order of the QFC Court to disclose the Constitution, and the QFC Authority may do so on such terms as it considers appropriate.
|Derived (as from 22nd September 2016).|