Preamble
Recitals 95
Chapter I - SUBJECT MATTER, SCOPE AND DEFINITIONS (Article 1-4) 4
Chapter II - AUTHORISATION OF UCITS (Article 5) 1
Chapter III - OBLIGATIONS REGARDING MANAGEMENT COMPANIES (Article 6-21) 20
Chapter IV - OBLIGATIONS REGARDING THE DEPOSITARY (Article 22-26b) 8
Chapter V - OBLIGATIONS REGARDING INVESTMENT COMPANIES (Article 27-31) 5
Chapter VI - MERGERS OF UCITS (Article 37-48) 12
Chapter VII - OBLIGATIONS CONCERNING THE INVESTMENT POLICIES OF UCITS (Article 49-57) 10
Chapter VIII - MASTER-FEEDER STRUCTURES (Article 58-67) 10
Chapter IX - OBLIGATIONS CONCERNING INFORMATION TO BE PROVIDED TO INVESTORS (Article 68-82b) 16
Chapter X - GENERAL OBLIGATIONS OF UCITS (Article 83-90) 8
Chapter XI - SPECIAL PROVISIONS APPLICABLE TO UCITS WHICH MARKET THEIR UNITS IN MEMBER STATES OTHER THAN THOSE IN WHICH THEY ARE ESTABLISHED (Article 91-96) 7
Chapter XII - PROVISIONS CONCERNING THE AUTHORITIES RESPONSIBLE FOR AUTHORISATION AND SUPERVISION (Article 97-110a) 21
Chapter XIII - DELEGATED ACTS AND POWERS OF EXECUTION (Article 111-112a) 3
Chapter XIV - DEROGATIONS, TRANSITIONAL AND FINAL PROVISIONS (Article 113-119) 7
Annexes 5
Amending acts 13

participation

Definitions over time (1)

01/01/2019 – 07/01/2020 Article 2, Undertakings for Collective Investment in Transferable Securities Directive (UCITS) Scope: Whole act

For the purposes of this Directive the following definitions apply:

‘participation’, which means the ownership, direct or by way of control, of 20 % or more of the voting rights or capital of an undertaking; or

No text uses this concept on 12/11/2026.