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Section 353b

Transitional provisions on section 285(3)

Section 20(9), first sentence, and section 285(3), also in conjunction with section 2(4), section 261(1), point 8, section 282(2), third sentence, and section 284(5), in the version in force from 18 March 2016, do not apply to monetary loans granted before 18 March 2016 for the account of domestic AIF to undertakings in which the domestic AIF was already a participant. For monetary loans granted after 18 March 2016, loans granted before 18 March 2016 must be included in the calculation of the limit under section 285(3), first sentence, of at most 50 per cent of the aggregate capital contributions and uncalled committed capital of the domestic AIF.

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