PART 1: GENERAL
1. Name
These Regulations are the AIFC Limited Partnership Regulations 2017.
2. Date of enactment
These Regulations are enacted on the day they are approved by the Governor.
3. Commencement
These Regulations commence on 1 January 2018.
4. Legislative authority
These Regulations are adopted by the Governor under paragraph 1 of article 3 and article 4 of the Constitutional Statute and subparagraph 3-1) of paragraph 9 of the Management Council Resolution on AIFC Bodies.
5. Application of these Regulations
These Regulations apply within the jurisdiction of the AIFC
6. Interpretation
Schedule 1 contains definitions and other interpretative provisions used in these Regulations.
7. Administration of these Regulations
These Regulations are administered by the Registrar of Companies.
7-1. Application of the AIFC Collective Investment Scheme Rules
The AIFC Collective Investment Scheme Rules including any legislation administered by the AFSA on matters related to the regulation of financial services and related operations in the AIFC apply to a Limited Partnership or a Recognised Limited Partnership which is formed, and is to operate, for the sole purpose of conducting the business of a Fund.