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Chapter III · OBLIGATIONS REGARDING MANAGEMENT COMPANIES  ›  Section 3 · Operating conditions › Article 11

Article 11

1.   Qualifying holdings in management companies shall be subject to the same rules as those laid down in Articles 10, 10a and 10b of Directive 2004/39/EC.

2.   For the purposes of this Directive, the terms ‘investment firm’ and ‘investment firms’ referred to in Article 10 of Directive 2004/39/EC, mean, respectively, ‘management company’ and ‘management companies’.

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