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Article 422-230 into force since

  • Version into force since
ELI : /en/eli/fr/aai/amf/rg/article/422-230/20131221/notes

Management companies for companies specified in Article 422-218 shall determine a redemption price.

No redemption offset by a subscription may be completed at a price in excess of the subscription price, less the subscription fee.

If the redemption is not offset, redemption may not be made at a price in excess of the market value or less than 10 per cent less than the latter, except where permitted by AMF.