Book traversal links for 6. Use of the DPF’s Resources
6. Use of the DPF’s Resources
Effective from Apr 15 2014 - Apr 14 2014
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i. | The DPF’s resources shall be used only for: | ||
a) | payments in relation to protected Deposits up to the applicable protection limits under the DPF Rules; | ||
b) | repayment of principal and payment of commission/retum on any loans obtained by the DPF; and | ||
c) | meeting its operating expenses; | ||
ii. | The DPF’s resources shall be managed by the governing committee according to the guidelines approved by SAMA. |