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🔗 Back to Summary. 🇫🇷 French Version: 2013R0345_FR.15. Open the PDF.
Article 14b – Member States shall ensure that any refusal to register a manager as referred to in Article 14 or a fund as referred to in Article 14a shall be substantiated, shall be notified to the managers referred to in those Articles and shall be subject to a right of appeal before a national judicial, administrative or other authority. That right of appeal shall also apply in respect of registration where no decision on registration has been taken within two months of the manager having provided all of the required information. Member States may require that a manager exhaust any administrative preliminary remedy provided for under national law before exercising that right of appeal. ⬅️ | ➡️ Article 16 – 1.
Article 15 - Managers of qualifying venture capital funds shall inform the competent authority of the home Member State where they intend to market:
(a)
a new qualifying venture capital fund; or
(b)
an existing qualifying venture capital fund in a Member State not mentioned in the list referred to in point (d) of Article 14(1).