lexiara

1.

In addition to the tasks referred to in Article 34(1) and (2), the depositary appointed for oversight duties shall: carry out instructions of the IORP, unless they conflict with national law or the IORP's rules; ensure that in transactions involving the assets of an IORP relating to a pension scheme any consideration is remitted to the IORP within the usual time limits; and ensure that income produced by assets is applied in accordance with the rules of the IORP.

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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.