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9.

Directive 2011/61/EU of the European Parliament and of the Council of 8 June 2011 on Alternative Investment Fund Managers and amending Directives 2003/41/EC and 2009/65/EC and Regulations (EC) No 1060/2009 and (EU) No 1095/2010 Text with EEA relevance · European Union

In addition to the tasks referred to in paragraphs 7 and 8, the depositary shall: ensure that the sale, issue, re-purchase, redemption and cancellation of units or shares of the AIF are carried out in accordance with the applicable national law and the AIF rules or instruments of incorporation; ensure that the value of the units or shares of the AIF is calculated in accordance with the applicable national law, the AIF rules or instruments of incorporation and the procedures laid down in Article 19; carry out the instructions of the AIFM, unless they conflict with the applicable national law or the AIF rules or instruments of incorporation; ensure that in transactions involving the AIF’s assets any consideration is remitted to the AIF within the usual time limits; ensure that an AIF’s income is applied in accordance with the applicable national law and the AIF rules or instruments of incorporation.

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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.