PRIV 6.3.3 Certificates for Units

(1) If units in a scheme are issued or rule 6.3.2 (Transfer of units by act of parties) is complied with in relation to the transfer of units in a scheme, the operator may issue a document evidencing title to the units in accordance with the constitutional document.

Note Document evidencing title is defined in the glossary. Constitutional document is defined in r 3.1.1.
(2) However, the operator must issue a document evidencing title as soon as practicable if the procedures for redeeming units require unitholders to surrender the document evidencing title.
Derived from QFCRA RM/2010-06 (as from 1st January 2011)