Article 17

Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (UCITS) · European Union

1. N° single company shall act as both investment company and depositary. 2. In carrying out its role as depositary, the depositary must act solely in the interests of the unit-holders.

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Source: EUR-Lex (Cellar) · retrieved 2026-10-27 · Text as adopted (Official Journal); later amendments are not incorporated in this text.