For the purpose of carrying on its activities, a UCITS may use the same generic name (such as investment company or unit trust) in the Community as it uses in the Member State in which it is situated. In the event of any danger of confusion, the host Member State may, for the purpose of clarification, require that the name be accompanied by certain explanatory particulars.
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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 48 moves to another heading in this version: compare.