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+Article 83 2. |
Article 83 2.By way of derogation from paragraph 1, a Member State may authorise a UCITS to borrow provided that such borrowing is:
(a)
on a temporary basis and represents:
—
in the case of an investment company, no more than 10 % of its assets, or
—
in the case of a common fund, no more than 10 % of the value of the fund; or
(b)
to enable the acquisition of immovable property essential for the direct pursuit of its business and represents, in the case of an investment company, no more than 10 % of its assets. Where a UCITS is authorised to borrow under points (a) and (b), such borrowing shall not exceed 15 % of its assets in total. 1. Panoramica
1.1 Riferimenti1.2 Requisiti identificati1.3 Standard correlati2. Requisiti identificati
3. Standard correlati
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