Template:UCITS V 22a: Difference between revisions

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Article {{uctisprov|22a}}<br>
Article {{ucits5prov|22a}} ('''[[Delegation]] by a {{tag|UCITS}} {{ucits5prov|depositary}}''')<br>
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4.  For the purposes of this Article, the provision of services as specified by Directive {{eudirective|98|26|EC}} of the European Parliament and of the Council (23) by securities settlement systems as designated for the purposes of that Directive or the provision of similar services by third-country securities settlement systems shall not be considered to be a delegation of custody functions.