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New version applies from 01/04/2020 — introduced by Commission Delegated Regulation (EU) 2018/1618. 109 provisions change. Later versions: 01/08/2022. Article 81 changes in this version: compare with the current text.

Article 81 - Consent and notification of sub-delegation

Article 81
Consent and notification of sub-delegation

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.

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.

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