The Capital Markets (Alternative Investment Funds) Regulations

9. Withdrawal of approval

Edition: 2023-12-15 · In force

The Authority shall withdraw its approval to operate a fund, where the fund—

(a)expressly renounces its approval;

(b)ceases to conduct its activities for a period of six months;

(c)obtained the Authority’s approval through making false statements or any irregular means; or

(d)no longer meets the conditions under which the approval was granted.