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New version applies from 10/12/2005 — introduced by Directive 2005/68/EC. 37 provisions change. Later versions: 21/09/2007, 21/03/2008. Recital 11 changes in this version: compare with the current text.

Recital 11

Recital 11

(11)Whereas the provisions on transfers of portfolios must be adapted to bring them into line with the single authorization system introduced by this Directive;

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