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Book IV - Collective investment products
Title II - AIFS
Chapter II - Funds open to retail investors
Section 1 - Retail investment funds
Sub-section 1 - Authorisation
Paragraph 3 - Modifications
Sub-paragraph 1 - Changes subject to pre-approval
Article 422-17 from 21/12/2013

Article 422-17 into force since

  • Version into force since
ELI : /en/eli/fr/aai/amf/rg/article/422-17/20131221/notes

An AMF Instruction defines the conditions under which the AMF authorises changes subject to pre-approval affecting a retail investment fund. The authorisation period is eight working days.

Except in the event of the changes mentioned in Articles 411-53, 411-98, 411-100 and 411-104:

  1. The period between the date the holders are informed and the effective date for the change to the retail investment fund shall be between three and ninety days at least, in accordance with the conditions set by an AMF Instruction.

  2. The period between the date the holders are informed and the end of the period for selling without charge shall be between three and ninety days at least, in accordance with the conditions set by an AMF Instruction.