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Article 44

Article 44

1.A UCITS which markets its units in another Member State must comply with the laws, regulations and administrative provisions in force in that State which do not fall within the field governed by this Directive.

2.Any UCITS may advertise its units in the Member State in which they are marketed. it must comply the provisions governing advertising in that State.

3.The provisions referred to in paragraphs 1 and 2 must be applied without discrimination.

Official text · consolidated version 13/04/2005 (no longer in force) Open full page ↗
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