3. — Directive 2009/65/EC of the European Parliament and of the Council of 13 July…

3.

Directive 2009/65/EC of the European Parliament and of the Council of 13 July 2009 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (UCITS) (recast) (Text with EEA relevance) · European Union

A merger effected in accordance with point (p)(iii) of Article 2(1) shall have the following consequences: the net assets of the merging UCITS are transferred to the receiving UCITS or, where applicable, the depositary of the receiving UCITS; the unit-holders of the merging UCITS become unit-holders of the receiving UCITS; and the merging UCITS continues to exist until the liabilities have been discharged.

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