+Article 11 5

Article 11 5

5. Where a crowdfunding service provider has been in operation for less than 12 months, it may use forward-looking business estimates in calculating the fixed overheads, provided that it starts using historical data as soon as it becomes available.

1. Overview

Summary	Regulation

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements
Source	Requirement

3. Related Standards

Standards
Source	Requirement

Builddate: 20.10.2020 00:00:00 -Doknr: CELEX:32020R1503
EULAW -
European Regulation published on http://eur-lex.europa.eu/