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  • MKT 3.2 MKT 3.2 General requirements

    • MKT 3.2.1

      A Person may have the Units of a Fund admitted to an Official List of Securities only if:

      (1) in the case of a Domestic Fund, it is a Public Fund; and
      (2) in the case of a Foreign Fund:
      (a) it is a Designated Fund from a Recognised Jurisdiction; or
      (b) it is a Fund approved by the Regulator as a Fund subject to equivalent regulation as that applying to a Public Fund; and
      (c) which meets the criteria of a Property Fund and 60% or more of the Fund's assets comprise Real Property.

    • MKT 3.2.2

      Where an obligation applies to a Reporting Entity of a Fund under a provision of this chapter, except where expressly provided otherwise, the Governing Body of the Reporting Entity must ensure compliance with that obligation.