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Council Directive of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (UCITS) (85/611/EEC) (repealed)

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  1. Introductory Text

  2. SECTION I General provisions and scope

    1. Article 1.. . . . . . . . . ....

    2. Article 1a.. . . . . . . . . ....

    3. Article 2.. . . . . . . . . ....

    4. Article 3.. . . . . . . . . ....

  3. SECTION II Authorization of UCITS

    1. Article 4.. . . . . . . . . ....

  4. SECTION III Obligations regarding management companies

    1. Title A Conditions for taking up business

      1. Article 5.. . . . . . . . . ....

      2. Article 5a.. . . . . . . . . ....

      3. Article 5b.. . . . . . . . . ....

    2. Title B Relations with third countries

      1. Article 5c.. . . . . . . . . ....

    3. Title C Operating conditions

      1. Article 5d.. . . . . . . . . ....

      2. Article 5e.. . . . . . . . . ....

      3. Article 5f.. . . . . . . . . ....

      4. Article 5g.. . . . . . . . . ....

      5. Article 5h.. . . . . . . . . ....

    4. Title D The right of establishment and the freedom to provide services

      1. Article 6.. . . . . . . . . ....

      2. Article 6a.. . . . . . . . . ....

      3. Article 6b.. . . . . . . . . ....

      4. Article 6c.. . . . . . . . . ....

  5. SECTION IIIa Obligations regarding the depositary

    1. Article 7.. . . . . . . . . ....

    2. Article 8.. . . . . . . . . ....

    3. Article 9.. . . . . . . . . ....

    4. Article 10.. . . . . . . . . ....

    5. Article 11.. . . . . . . . . ....

  6. SECTION IV Obligations regarding investment companies

    1. Title A Conditions for taking up business

      1. Article 12.. . . . . . . . . ....

      2. Article 13.. . . . . . . . . ....

      3. Article 13a.. . . . . . . . . ....

    2. Title B Operating conditions

      1. Article 13b.. . . . . . . . . ....

      2. Article 13c.. . . . . . . . . ....

  7. SECTION IVa Obligations regarding the depositary

    1. Article 14.. . . . . . . . . ....

    2. Article 15.. . . . . . . . . ....

    3. Article 16.. . . . . . . . . ....

    4. Article 17.. . . . . . . . . ....

    5. Article 18.. . . . . . . . . ....

  8. SECTION V Obligations concerning the investment policies of UCITS

    1. Article 19.. . . . . . . . . ....

    2. Article 20.. . . . . . . . . ....

    3. Article 21.. . . . . . . . . ....

    4. Article 22.. . . . . . . . . ....

    5. Article 22a.. . . . . . . . . ....

    6. Article 23.. . . . . . . . . ....

    7. Article 24.. . . . . . . . . ....

    8. Article 24a.. . . . . . . . . ....

    9. Article 25.. . . . . . . . . ....

    10. Article 26.. . . . . . . . . ....

  9. SECTION VI Obligations concerning information to be supplied to unit-holders

    1. A. Publication of a prospectus and periodical reports

      1. Article 27.. . . . . . . . . ....

      2. Article 28.. . . . . . . . . ....

      3. Article 29.. . . . . . . . . ....

      4. Article 30.. . . . . . . . . ....

      5. Article 31.. . . . . . . . . ....

      6. Article 32.. . . . . . . . . ....

      7. Article 33.. . . . . . . . . ....

    2. B. Publication of other information

      1. Article 34.. . . . . . . . . ....

      2. Article 35.. . . . . . . . . ....

  10. SECTION VII The general obligations of UCITS

    1. Article 36.. . . . . . . . . ....

    2. Article 37.. . . . . . . . . ....

    3. Article 38.. . . . . . . . . ....

    4. Article 39.. . . . . . . . . ....

    5. Article 40.. . . . . . . . . ....

    6. Article 41.. . . . . . . . . ....

    7. Article 42.. . . . . . . . . ....

    8. Article 43.. . . . . . . . . ....

  11. SECTION VIII Special provisions applicable to UCITS which market their units in Member States other than those in which they are situated

    1. Article 44.. . . . . . . . . ....

    2. Article 45.. . . . . . . . . ....

    3. Article 46.. . . . . . . . . ....

    4. Article 47.. . . . . . . . . ....

    5. Article 48.. . . . . . . . . ....

  12. SECTION IX Provisions concerning the authorities responsible for authorization and supervision

    1. Article 49.. . . . . . . . . ....

    2. Article 50.. . . . . . . . . ....

    3. Article 50a.. . . . . . . . . ....

    4. Article 51.. . . . . . . . . ....

    5. Article 52.. . . . . . . . . ....

    6. Article 52a.. . . . . . . . . ....

    7. Article 52b.. . . . . . . . . ....

  13. SECTION X European Securities Committee

    1. Article 53.. . . . . . . . . ....

    2. Article 53a.. . . . . . . . . ....

    3. Article 53b.. . . . . . . . . ....

  14. SECTION XI Transitional provisions, derogations and final provisions

    1. Article 54.. . . . . . . . . ....

    2. Article 55.. . . . . . . . . ....

    3. Article 56.. . . . . . . . . ....

    4. Article 57.. . . . . . . . . ....

    5. Article 58.. . . . . . . . . ....

    6. Article 59.. . . . . . . . . ....

    1. ANNEXI

      1. SCHEDULE A

        1. 2. Information concerning the depositary:

        2. 3. Information concerning the advisory firms or external investment advisers who...

        3. 4. . . . . . . . . . ....

        4. 5. Other investment information:

        5. 6. Economic information:

      2. SCHEDULE B Information to be included in the periodic reports

        1. I. Statement of assets and liabilities

        2. II. Number of units in circulation

        3. III. Net asset value per unit

        4. IV. Portfolio, distinguishing between:

        5. V. Statement of the developments concerning the assets of the UCITS...

        6. VI. A comparative table covering the last three financial years and...

        7. VII. Details, by category of transaction within the meaning of Article...

      3. SCHEDULE C Contents of the simplified prospectus

        1. Brief presentation of the UCITS

        2. Investment information

        3. Economic information

        4. Commercial information

        5. Additional information

    2. ANNEX II

      Functions included in the activity of collective portfolio management:

      1. . . . . . . . . . ....

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