are representatives from the private sector, external experts. 7. Seek approval from SEC Board/CMSB/SEC Office before drafting the notification * 8. Draft the notification: Draft notifications shall
documents via the SEC website. The required documents are details of the mutual fund scheme, a draft of prospectus, a draft of commitment and a draft of contract on the appointment of fund supervisor. The SEC
profit (with reference to the cash position of the REIT) Termination of REITs upon following circumstances: The number of unitholders falls below 35. Disposals of assets and investments in new real
contained in the registration statements, draft prospectus or any other information to be disclosed through the portal. Regulatory Summary Duties and qualifications Related Rules and Regulations The
transfer restriction, features of the instruments, draft terms and conditions and a Sukuk trustee appointment agreement (in case of secured Sukuk/ Sukuk with a Sukuk trustee). - Can be offered only to
the accounting periods that the mutual fund have retained earnings or net profit, provided that: 1) The dividend payment must not increase the mutual fund's retained loss in that accounting period. 2
of Mutual Fund 17. Dividend payment A mutual fund may pay dividends from its retained earnings or net profits in the accounting periods that the mutual fund have retained earnings or net profit
restriction, features of bonds, draft terms and conditions and a bondholders' representative appointment agreement (in case of secured bonds/ bonds with a bondholders' representative). - For the offering of
bonds, draft terms and conditions and a bondholders' representative appointment agreement (in case of secured Basel III-compliant Instruments/ Basel III-compliant Instruments with a bondholders