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    <title>Eligibility Criteria</title>
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    <description>Regulation 4 requires that an applicant&#039;s constitutional instrument authorise AIF activity and bar public invitations; trusts and LLPs must be duly registered or filed; corporate applicants must be validly constituted and permitted to carry on AIF activities; and the applicant, Sponsor and Manager must be fit and proper persons under Schedule II of the Intermediaries Regulations.</description>
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      <description>Regulation 4 requires that an applicant&#039;s constitutional instrument authorise AIF activity and bar public invitations; trusts and LLPs must be duly registered or filed; corporate applicants must be validly constituted and permitted to carry on AIF activities; and the applicant, Sponsor and Manager must be fit and proper persons under Schedule II of the Intermediaries Regulations.</description>
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