COLL 5.5.2 Special Meaning of Unitholder in Div 5.5.B—QFC Retail Schemes

(1) A reference in this division to a unitholder of a QFC retail scheme in relation to a meeting is a reference to a unitholder of the scheme as at a cut-off date for the meeting selected by—
(a) if the independent entity calls the meeting—the independent entity; and
(b) in any other case—the operator.
(2) The date selected by the independent entity or operator must be a reasonable time before notices of the meeting are sent out.
Derived from QFCRA RM/2010-05 (as from 1st January 2011)