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Section 246

Restriction on disposal

(1) The AIF capital management company must ensure that the restriction on disposal under section 84(1), point 3, is entered in the land register. Where, for foreign land, entry of the restriction on disposal in a land register or comparable register is not possible, the effectiveness of the restriction on disposal must be ensured in another suitable form.
(2) The AIF capital management company may prove the appointment of the depositary to the land registry by way of a certificate from the Federal Institute showing that the Federal Institute has approved the selection as depositary and has not exercised its right to require the AIF capital management company to change the depositary.

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