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+Article 48 3. |
Article 48 3.A merger effected in accordance with point (p)(iii) of Article 2(1) shall have the following consequences:
(a)
the net assets of the merging UCITS are transferred to the receiving UCITS or, where applicable, the depositary of the receiving UCITS;
(b)
the unit-holders of the merging UCITS become unit-holders of the receiving UCITS; and
(c)
the merging UCITS continues to exist until the liabilities have been discharged. 1. Vue d’ensemble
1.1 Références1.2 Exigences identifiées1.3 Normes associées2. Exigences identifiées
3. Normes associées
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