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{{UCITS 22a(3)}} | {{UCITS 22a(3)}} | ||
{{UCITS 22a(4)}} | {{UCITS 22a(4)}} | ||
3. The functions referred to in Article {{ucitsprov|22(5)}} may be delegated by the depositary to a third party only where that third party at all times during the performance of the tasks delegated to it: <br> | 3. The functions referred to in Article {{ucitsprov|22(5)}} may be delegated by the depositary to a third party only where that third party at all times during the performance of the tasks delegated to it: <br> | ||
:(a) has structures and expertise that are adequate and proportionate to the nature and complexity of the assets of the {{tag|UCITS}} or the management company acting on behalf of the {{tag|UCITS}} which have been entrusted to it; <br> | :(a) has structures and expertise that are adequate and proportionate to the nature and complexity of the assets of the {{tag|UCITS}} or the management company acting on behalf of the {{tag|UCITS}} which have been entrusted to it; <br> |