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Article 319-20 into force since

  • Version into force since
ELI : /en/eli/fr/aai/amf/rg/article/319-20/20250331/notes

When units or shares in third-country collective investment schemes or investment funds managed by a portfolio asset management company are purchased or subscribed by this portfolio asset management company or an affiliated company on behalf of an AIF, subscription and redemption fees, except for the portion accruing to the third-country collective investment schemes or investment funds which are the subject of the investment, shall be prohibited.