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Article 321-45 into force from to

  • Version into force from to
ELI : /en/eli/fr/aai/amf/rg/article/321-45/20180103/notes

Articles 321-43 and 321-44 shall not apply to the personal transactions in units or shares in a collective investment scheme, provided that the relevant person or any other person on whose behalf the transactions are executed is not involved in the management of such scheme.

The foregoing provision shall not apply to the collective investment schemes governed by Article L. 214-154 of the Monetary and Financial Code, or to the schemes referred to in Articles L. 214-144 to L. 214-147 ibid. that rely on the waiver provided for in III of Article R. 214-193 ibid.