Notification duties of the Federal Institute

Where the investment conditions of both the closed-ended master fund and the closed-ended feeder fund have been approved under the provisions of this Act, the Federal Institute informs the capital management company managing the closed-ended feeder fund without delay of 1. every decision, 2. every measure, 3. every finding of infringements of the provisions of this Subdivision, and 4. all facts communicated under section 38(3), fourth sentence, in conjunction with section 29(3) of the Banking Act, that concern the master fund, its depositary, or its auditor.