Home / CY AIF Law of 2018 / PART IV LISTED AIFs / [103] Marketing of listed AIF units.

103.Marketing of listed AIF units.

(1) Traded AIF units shall be available to the investors to whom the AIF is addressed, through the secondary market in which they are listed for trading, without prejudice to the possibility for marketing or redemption by the AIF or the possibility for off-floor transfer, provided that the conditions, obligations and procedures for the carrying out of such transactions are fulfilled and complied with.

(2) When the marketing or redemption of traded AIF units is performed by the AIF, the terms and conditions provided for in this Law shall apply in relation to the carrying out of the specific transaction.