Updated 16/09/2024
In force

Version from: 10/01/2024
Amendments (1)
There is currently no Level 2 legal act based on or specifying Article 14.
Search within this legal act

Article 14 - Rectification of investment positions

Article 14

Rectification of investment positions

In the event that an ELTIF infringes the portfolio composition and diversification requirements laid down in Article 13 or the borrowing limits set out in Article 16(1), point (a), and the infringement is beyond the control of the manager of the ELTIF, the manager of the ELTIF shall, within an appropriate period of time, take such measures as are necessary to rectify the position, taking due account of the interests of the investors in the ELTIF.