Article 28

Updated 14/01/2025

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UCITS Tool Undertakings for Collective Investment in Transferable Securities Directive

Article 28

No investment company may engage in activities other than those referred to in Article 1(2).

Recitals

CHAPTER I - SUBJECT MATTER, SCOPE AND DEFINITIONS (Article 1-4)

CHAPTER II - AUTHORISATION OF UCITS (Article 5)

CHAPTER III - OBLIGATIONS REGARDING MANAGEMENT COMPANIES (Article 6-21)

CHAPTER IV - OBLIGATIONS REGARDING THE DEPOSITARY (Article 22-26b)

CHAPTER V - OBLIGATIONS REGARDING INVESTMENT COMPANIES (Article 27-36)

SECTION 1 - Conditions for taking up business (Article 27-29)Article 27 Article 28 Article 29 Q&A

SECTION 2 - Operating conditions (Article 30-31)

SECTION 3 - Obligations regarding the depositary (Article 32-36)

CHAPTER VI - MERGERS OF UCITS (Article 37-48)

CHAPTER VII - OBLIGATIONS CONCERNING THE INVESTMENT POLICIES OF UCITS (Article 49-57)

CHAPTER VIII - MASTER-FEEDER STRUCTURES (Article 58-67)

CHAPTER IX - OBLIGATIONS CONCERNING INFORMATION TO BE PROVIDED TO INVESTORS (Article 68-82b)

CHAPTER X - GENERAL OBLIGATIONS OF UCITS (Article 83-90)

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)

CHAPTER XII - PROVISIONS CONCERNING THE AUTHORITIES RESPONSIBLE FOR AUTHORISATION AND SUPERVISION (Article 97-110)

CHAPTER XIII - DELEGATED ACTS AND POWERS OF EXECUTION (Article 111-112b)

CHAPTER XIV - DEROGATIONS, TRANSITIONAL AND FINAL PROVISIONS (Article 113-119)

ANNEX I ANNEX II Q&A ANNEX III ANNEX IV

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