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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 BH31WgOfSYr+/pgf1n95Zw==

<SEC-DOCUMENT>0000919574-10-002225.txt : 20100310
<SEC-HEADER>0000919574-10-002225.hdr.sgml : 20100310
<ACCEPTANCE-DATETIME>20100310160908
ACCESSION NUMBER:		0000919574-10-002225
CONFORMED SUBMISSION TYPE:	D/A
PUBLIC DOCUMENT COUNT:		1
ITEM INFORMATION:		Rule 506
ITEM INFORMATION:		Investment Company Act Section 3(c)
ITEM INFORMATION:		Section 3(c)(1)
FILED AS OF DATE:		20100310
DATE AS OF CHANGE:		20100310
EFFECTIVENESS DATE:		20100310

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AQUILA INTERNATIONAL FUND Ltd
		CENTRAL INDEX KEY:			0000754094
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			D8

	FILING VALUES:
		FORM TYPE:		D/A
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	021-17869-NY
		FILM NUMBER:		10670642

	BUSINESS ADDRESS:	
		STREET 1:		C/O CITCO FUND SERVICES (CURACAO) N.V.
		STREET 2:		KAYA FLAMBOYAN 9, P.O. BOX 812
		CITY:			CURACAO
		STATE:			P8
		ZIP:			00000
		BUSINESS PHONE:		599-9-732-2222

	MAIL ADDRESS:	
		STREET 1:		C/O CITCO FUND SERVICES (CURACAO) N.V.
		STREET 2:		KAYA FLAMBOYAN 9, P.O. BOX 812
		CITY:			CURACAO
		STATE:			P8
		ZIP:			00000

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	AQUILA INTERNATIONAL FUND LIMITED
		DATE OF NAME CHANGE:	19840928
</SEC-HEADER>
<DOCUMENT>
<TYPE>D/A
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0603</schemaVersion>

    <submissionType>D/A</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0000754094</cik>
        <entityName>AQUILA INTERNATIONAL FUND Ltd</entityName>
        <issuerAddress>
            <street1>C/O CITCO FUND SERVICES (CURACAO) N.V.</street1>
            <street2>KAYA FLAMBOYAN 9, P.O. BOX 812</street2>
            <city>CURACAO</city>
            <stateOrCountry>P8</stateOrCountry>
            <zipCode>00000</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>599-9-732-2222</issuerPhoneNumber>
        <jurisdictionOfInc>VIRGIN ISLANDS, BRITISH</jurisdictionOfInc>
        <edgarPreviousNameList>
            <previousName>AQUILA INTERNATIONAL FUND LIMITED</previousName>
        </edgarPreviousNameList>
        <entityType>Corporation</entityType>
        <yearOfInc>
            <overFiveYears>true</overFiveYears>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>William</firstName>
                <middleName>H</middleName>
                <lastName>Salomon</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>First Eagle Investment Management, LLC</street1>
                <street2>1345 Avenue of the Americas, 44th Floor</street2>
                <city>New York</city>
                <stateOrCountry>NY</stateOrCountry>
                <zipCode>10105</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Peter</firstName>
                <middleName>G</middleName>
                <lastName>Wodtke</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>c/o Peter Wodtke &amp; Partners (UK) Limited</street1>
                <street2>50 Regent Street</street2>
                <city>London</city>
                <stateOrCountry>X0</stateOrCountry>
                <zipCode>W1B 5RD</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Harry</firstName>
                <lastName>Wolf</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>First Eagle Investment Management, LLC</street1>
                <street2>1345 Avenue of the Americas, 44th Floor</street2>
                <city>New York</city>
                <stateOrCountry>NY</stateOrCountry>
                <zipCode>10105</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Edgar</firstName>
                <lastName>Astaire</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>c/o Edgar Astaire &amp; Co. Limited</street1>
                <street2>1 Printing House Yard</street2>
                <city>London</city>
                <stateOrCountry>X0</stateOrCountry>
                <zipCode>E2 7PR</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Henry</firstName>
                <middleName>H</middleName>
                <lastName>Arnhold</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>First Eagle Investment Management, LLC</street1>
                <street2>1345 Avenue of the Americas, 44th Floor</street2>
                <city>New York</city>
                <stateOrCountry>NY</stateOrCountry>
                <zipCode>10105</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>John</firstName>
                <middleName>P</middleName>
                <lastName>Arnhold</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>First Eagle Investment Management, LLC</street1>
                <street2>1345 Avenue of the Americas, 44th Floor</street2>
                <city>New York</city>
                <stateOrCountry>NY</stateOrCountry>
                <zipCode>10105</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>A. J.</firstName>
                <lastName>Stocks</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>c/o Citco Fund Services (Curacao) N.V.</street1>
                <street2>Kaya Flamboyan 9, P.O. Box 4774</street2>
                <city>Willemsted</city>
                <stateOrCountry>P8</stateOrCountry>
                <zipCode>00000</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Pooled Investment Fund</industryGroupType>
            <investmentFundInfo>
                <investmentFundType>Hedge Fund</investmentFundType>
                <is40Act>false</is40Act>
            </investmentFundInfo>
        </industryGroup>
        <issuerSize>
            <aggregateNetAssetValueRange>Decline to Disclose</aggregateNetAssetValueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06</item>
            <item>3C</item>
            <item>3C.1</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>true</isAmendment>
                <previousAccessionNumber>9999999997-09-010599</previousAccessionNumber>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>1985-01-01</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>true</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isPooledInvestmentFundType>true</isPooledInvestmentFundType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
            <clarificationOfResponse></clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>100000</minimumInvestmentAccepted>
        <salesCompensationList></salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>Indefinite</totalOfferingAmount>
            <totalAmountSold>50000000</totalAmountSold>
            <totalRemaining>Indefinite</totalRemaining>
            <clarificationOfResponse></clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>37</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>0</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
            <clarificationOfResponse></clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>0</dollarAmount>
                <isEstimate>true</isEstimate>
            </grossProceedsUsed>
            <clarificationOfResponse>The Investment Manager (or its affiliate) is entitled to receive an annual management fee in an amount equal to a specified percentage of assets under management.</clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>AQUILA INTERNATIONAL FUND Ltd</issuerName>
                <signatureName>/s/ Tim Tabor</signatureName>
                <nameOfSigner>Tim Tabor</nameOfSigner>
                <signatureTitle>Authorized Person</signatureTitle>
                <signatureDate>2010-03-10</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----