PRIV S1.2 Scheme is Established in QFC etc
A statement that—
(a) the scheme is a collective investment scheme established in the QFC; and
(b) the constitutional document is governed by the law applying in the QFC in relation to collective investment schemes; and
(c) the scheme is a private placement scheme; and
(d) units in the scheme can only be recorded in the unitholder register in the name of 100 persons (or a stated lesser number of persons).
|Derived from QFCRA RM/2010-06 (as from 1st January 2011)|