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CA-8.4.7

Earmarked assets must comply with the criteria outlined in Paragraph CA-8.4.6 and refer to the following allocated assets from the shareholder fund to the each of the participants' fund:

(a) Cash and unencumbered current accounts with financial institutions;
(b) Placements with financial institutions which can be liquidated within one month;
(c) Readily marketable securities;
(d) GCC government securities;
(e) Other sovereign securities, other than in Paragraph CA-8.4.7(c) and Paragraph CA-8.4.7(d) above, up to one year maturity, carrying an S&P minimum rating of A (or equivalent); and
(f) Accounts receivable due within one month, excluding any past due accounts.
Amended: April 2014
Amended: October 2008
Amended: January 2007