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New version applies from 30/04/2004 — introduced by Markets in Financial Instruments Directive (MIFID). 82 provisions change. Later versions: 13/04/2005, 20/03/2008. Article 43 moves to another heading in this version: compare.

Article 43

Article 43

The law or the fund rules must prescribe the remuneration and the expenditure which a management company is empowered to charge to a unit trust and the method of calculation of such remuneration.

The law or an investment company's instruments of incorporation must prescribe the nature of the cost to be borne by the company.

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