COUNCIL DIRECTIVE
of 20 December 1985
on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (UCITS)
(85/611/EEC)
THE COUNCIL OF THE EUROPEAN COMMUNITIES,
Having regard to the Treaty establishing the European Economic Community, and in particular Article 57 (2) thereof,
Having regard to the proposal from the Commission 1,
Having regard to the opinion of the European Parliament 2,
Having regard to the opinion of the Economic and Social Committee 3,
HAS ADOPTED THIS DIRECTIVE: