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Article 422-134 into force since

  • Version into force since
ELI : /en/eli/fr/aai/amf/rg/article/422-134/20131221/notes

The redemption of holder units specified in Article L. 214-45 of the Monetary and Financial Code may be suspended if the real estate collective investment undertaking articles of association or regulations provide for this and the redemption request exceeds 2 per cent of the number of real estate collective investment undertaking shares or units. In this case, the real estate collective investment undertaking prospectus shall specify:

  1. The objective conditions constituting grounds for not executing the holder's redemption requests;

  2. The possibility of asset management companies staggering performance of the redemption request and all related conditions.

  3. How the holder is to be informed.