1. No company shall act as both management company and depositary.
2. In the context of their respective roles, the management company and the depositary shall act independently and solely in the interest of the unit-holders.
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New version applies from 04/01/2011 — introduced by Directive 2010/78/EU.
192 provisions change.
Later versions: 21/07/2011, 20/06/2013, 17/09/2014, 01/01/2019, 07/01/2020, 26/06/2021, 02/08/2021, 01/01/2023, 09/01/2024, 17/01/2025, 16/04/2026.
Article 25 changes in this version: compare with the current text.