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Article 81 - Consent and notification of sub-delegation

Comparing 11/04/2013 → 01/04/2020: 1 added, 0 removed, 2 changed Close comparison

1. 1. A subdelegation shall become effective where the AIFM demonstrates its consent to it in writing. A general consent given in advance by the AIFM shall not be deemed consent in accordance with point (a) of Article 20(4) of Directive 2011/61/EU.

A general consent given in advance by the AIFM shall not be deemed consent in accordance with point (a) of Article 20(4) of Directive 2011/61/EU.

2. 2. Pursuant to point (b) of Article 20(4) of Directive 2011/61/EU, the notification shall contain details of the delegate, the name of the competent authority where the sub-delegate is authorised or registered, the delegated functions, the AIFs affected by the sub-delegation, a copy of the written consent by the AIFM and the intended effective date of the sub-delegation.

Official text · consolidated version 01/04/2020 (no longer in force) Open full page ↗
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