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| {{UCITS 22a(3)}} | | {{UCITS 22a(3)}} |
| {{UCITS 22a(4)}} | | {{UCITS 22a(4)}} |
| 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.
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