A QFC scheme, or a subscheme of a QFC umbrella scheme, is a money-market fund if the constitutional document of the scheme states that the scheme or subscheme is a money-market fund.
Note 1 Umbrella scheme and subscheme are defined in r 1.2.11. Constitutional document is defined in r 3.1.1.
Note 2 The following provisions must be complied with in relation to money-market funds:
• r 6.1.5
(Investments by money-market funds-QFC qualified investor schemes)
• r 7.2.4
(Investments by money-market funds-QFC retail schemes)
• r 8.2.19
(Maintaining value-all money-market funds)
• pt S2.4
(Extra constitution requirements-money-market funds)
sch 3 (Prospectus content—QFC qualified investor schemes), r S3.2
(f) (Description of scheme etc)
sch 4 (Prospectus content-QFC retail schemes), r S4.2
(g) (Description of scheme etc) (see also r S4.4
(r) (Investment objectives and policy etc)).