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New version applies from 20/06/2013 — introduced by Directive 2013/14/EU. 165 provisions change. Later versions: 02/07/2014, 13/01/2019, 26/06/2021, 02/08/2021, 09/01/2024, 17/01/2025, 16/04/2026. Recital 12 changes in this version: compare with the current text.

Recital 12

Recital 12

(12)Unless specifically provided for otherwise, where this Directive refers to the interests of the investors of an AIF the investors’ interests in their specific capacity as investors of the AIF, and not their individual interests, are envisaged.

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