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Version status: Repealed | Document consolidation status: Updated to reflect all known changes
Version date: 1 July 2011 - onwards
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Article 40

Repealed from 1 July 2011

A UCITS unit may not be issued unless the equivalent of the net issue price is paid into the assets of the UCITS within the usual time limits. This provision shall not preclude the distribution of bonus units.

Comparing proposed amendment...