Article 22a
1. The depositary shall not delegate to third parties the functions referred to in Article 22(3) and (4).
2. The depositary may delegate to third parties the functions referred to in Article 22(5) only where:
(a) the tasks are not delegated with the intention of avoiding the requirements laid down in this Directive;
(b) the depositary can demonstrate that there is an objective reason for the delegation;