Mutual Funds Law definition
Examples of Mutual Funds Law in a sentence
For the avoidance of doubt, the effective date of the Exemption ceasing to apply to the Partnership, the Partnership being registered as a mutual fund under the Mutual Funds Law and the termination of the rights of Limited Partners to receive notice of, attend and vote at a meeting for the purposes of the appointment or removal of the General Partner shall be the date shown on a Partnership's "Certificate of Registration of a Mutual Fund" issued by the Authority.
Immediately following the Partnership ceasing to rely on the Exemption and the Partnership registering as a mutual fund under the Mutual Funds Law, the right of the Limited Partners to receive notice of, attend and vote at any meeting of the Partnership for the purposes of the appointment or removal of General Partner shall terminate immediately.
The Company is not subject to any regulatory laws of the Cayman Islands including, without limitation, the Mutual Funds Law.
The Venture is not a mutual fund as such term is defined under the Mutual Funds Law (As Revised) of the Cayman Islands nor is it a “private fund” as such term is defined under the Private Funds Law, 2020 of the Cayman Islands.
The Fund has been registered as a mutual fund pursuant to section 4 1(b) of the Mutual Funds Law (2015 Revision) of the Cayman Islands, and has its principal office at the office of Trinity Fund Administration (Cayman) Limited in the Cayman Islands.
The Authority has supervisory and enforcement powers to ensure compliance with the Mutual Funds Law.
H▇▇▇ ▇▇▇▇▇▇▇ The Endowment (Offshore) Fund, Ltd., a Cayman Islands exempted company, registered under the Mutual Funds Law of the Cayman Islands Address: M&C Corporate Services Limited P.▇.
The Fund has been registered as a mutual fund pursuant to section 4(1)(b) of the Mutual Funds Law (2015 Revision) of the Cayman Islands, and has its principal office at the office of Trinity Fund Administration (Cayman) Limited in the Cayman Islands.
For so long as the interests in the Partnership are held by more than one Limited Partner and no more than fifteen Limited Partners, the majority in number of these Limited Partners shall be capable of appointing or removing the General Partners (as defined in Section 1.04) for the purpose of ensuring that the Partnership is not required to register as a mutual fund under the Mutual Funds Law (as amended) of the Cayman Islands until such time as there are more than fifteen Limited Partners.
Regulation under the Mutual Funds Law entails the filing of prescribed details, a current offering document, and audited accounts annually with the Cayman Islands Monetary Authority (the “Authority”).