Legal form, applicable provisions

(1) Closed-ended investment limited partnerships may be operated only in the legal form of a limited partnership. The provisions of the Commercial Code apply, save as otherwise follows from the provisions of this Subdivision.
(2) Section 93(7), section 96(1), section 132(1) and (3) to (8), and section 134(2) apply correspondingly to closed-ended investment limited partnerships. Investment conditions must be prepared for each sub-fund. For retail sub-funds, these investment conditions must contain at least the particulars under section 266(2). The investment conditions, and any amendments to them, must be approved by the Federal Institute under section 267. For special sub-funds, the investment conditions, and material amendments to the investment conditions, must be submitted to the Federal Institute under section 273. Section 132(7), fourth sentence, applies with the proviso that section 154(2), first sentence, point 2, also applies to the winding-up of the sub-fund.