Article 411-20-2 into force from to
- Version into force from to
Pursuant to the final paragraph of Article L. 214-7 and the final paragraph of Article L. 214-8 of the Monetary and Financial Code, between the date at which the subscription or redemption order is centralised and the date at which the UCIT's custody account-keeper settles or delivers the units or shares, the UCITS prospectus may provide for a period that shall not exceed ten business days where the net asset value is established daily, provided the order is executed no later than the sixth business day after the order was centralised.
Head of publications: The Executive Director of AMF Communication Directorate. Contact: Communication Directorate – Autorité des marches financiers 17 place de la Bourse – 75082 Paris cedex 02