A depositary shall be deemed to comply with the requirements set out in F1rule 6.6B.16(4) of the Collective Investment Schemes sourcebook where it establishes a procedure to detect any situation where consideration in transactions involving the assets of the F2UK UCITS is not remitted to the F2UK UCITS within the usual time limits, to notify the management company or the investment company accordingly and, where the situation has not been remedied, to request the restitution of the assets from the counterparty where possible.

Where transactions do not take place on a regulated market, the depositary shall carry out its duties pursuant to paragraph 1 taking into account the conditions attached to these transactions.