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Article 1 - Suspension of subscriptions, repurchases and redemptions
1.
A UCITS shall suspend subscriptions, repurchases and redemptions simultaneously, for the same period and for all investors of the UCITS. A UCITS shall not suspend redemptions without simultaneously suspending subscriptions and repurchases.
2.
A suspension of subscriptions, repurchases and redemptions shall be temporary, strictly limited to the period necessary to address the exceptional circumstances that justify that suspension, and may only be implemented where it is duly justified having regard to the best interests of investors.
3.
For a UCITS with multiple share classes, the suspension of subscriptions, repurchases and redemptions shall apply to all the share classes of that UCITS.