Home / CY AIF Law of 2018 / PART ΙΙ: PROVISIONS REGARDING THE ALTERNATIVE INVESTMENT FUNDS / Chapter 7: Subscriptions and redemptions of AIF units / [37] Issue free-of-charge AIF units.

37. Issue free-of-charge AIF units.

The issue of free-of-charge AIF units is permitted, provided that this is explicitly permitted by the fund rules or instruments of incorporation of the AIF.