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7.11. Delegation of Management Functions

The Manager may delegate functions and duties to any person or persons so appointed, in accordance with the requirements of CySEC and to the extent permitted by the AIF Law and the relevant CySEC Directives and subject to an Investment Management Delegation Agreement or any other agreement with similar effect. In such case, the overall control and ultimate responsibility shall remain with the Manager. If any such company shall resign or be dismissed or its appointment shall otherwise be terminated, the Manager shall use their best endeavour to appoint some other person, firm or corporation in its place if required.