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New version applies from 21/09/2007 — introduced by Directive 2007/44/EC. 83 provisions change. Later versions: 20/03/2008, 04/01/2011, 03/01/2018. Recital 13 changes in this version: compare with the current text.

Recital 13

Comparing 30/04/2004 → 28/04/2006: 0 added, 0 removed, 0 changed Close comparison

Persons who provide investment services consisting exclusively in the administration of employee-participation schemes and who therefore do not provide investment services for third parties should not be covered by this Directive.

Official text · the act as publishedFrom the act as published (consolidated texts do not carry recitals or the preamble). Open full page ↗
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