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Article 17 - ▼M1

Comparing 15/05/2013 → 01/03/2018: 1 added, 0 removed, 5 changed Close comparison

1. 1.The Immediatelycompetent afterauthority of the home Member State shall notify the competent authorities of the host Member States and ESMA immediately of any registration or removal from the register of a manager of a qualifying social entrepreneurship fund, theof any addition ofto aor newremoval qualifying social entrepreneurship fund,from the addition of a new domicile for the establishmentregister of a qualifying social entrepreneurship fundfund, and of any addition to or removal from the additionlist of a new Member StateStates wherein which a manager of a qualifying social entrepreneurship fund intends to market qualifyingthose social entrepreneurship funds, the competent authority of the home Member State shall notify the Member States indicated in accordance with point (d) of Article 15(1) and ESMA, accordingly.funds.

For the purposes of the first subparagraph, the competent authority of a qualifying social entrepreneurship fund that has been registered in accordance with Article 15a shall immediately notify the competent authority of the home Member State, the competent authorities of the host Member States, and ESMA, of any addition to or any removal from the register of a qualifying social entrepreneurship fund or of any addition to or removal from the list of Member States in which the manager of that qualifying social entrepreneurship fund intends to market that fund.

2. 2.The Thecompetent authorities of the host Member States indicated in accordance with point (d) of Article 15(1) of this Regulation shall not impose,impose on the managermanagers of a qualifying social entrepreneurship fund registered in accordance with Article 15,funds any requirements or administrative procedures in relation to the marketing of itstheir qualifying social entrepreneurship fund,funds, nor shall they require any approval of thethat marketing prior to its commencement. Such requirements or administrative procedures include fees and other charges.

3. 3. In order to ensure uniform application of this Article, ESMA shall develop draft implementing technical standards to determine the format of the notification under this Article.

4. 4. ESMA shall submit those draft implementing technical standards to the Commission by 16 February 2014.

5. 5. Power is conferred on the Commission to adopt the implementing technical standards referred to in paragraph 3 in accordance with the procedure laid down in Article 15 of Regulation (EU) No 1095/2010.

Official text · consolidated version 01/03/2018 (no longer in force) Open full page ↗
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