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🔗 Back to Summary. 🇫🇷 French Version: 2009L0065_FR.89. Open the PDF. Direct link to EUR-LEX.
Article 88 – 1. ⬅️ | ➡️ Article 90 – The law of the UCITS home Member State or the fund rules shall prescribe the remuneration and the expenditure which a management company is empowered to charge to a common fund and the method of calculation of such remuneration.
Article 89 - The following shall not carry out uncovered sales of transferable securities, money market instruments or other financial instruments referred to in points (e), (g) and (h) of Article 50(1):
(a)
an investment company;
(b)
a management company or depositary acting on behalf of a common fund.