In accordance with the investment provisions (Art. 54–57, 59–62, 69–71, 118n and 118o ), the Federal Council may in the case of collective investment schemes whose value is difficult to ascertain, or which have limited marketability, specify exemptions from the right to redeem at any time.1
However, it may only suspend the right to redeem at any time for a maximum period of five years.
Footnotes
Amended by No I of the FA of 17 Dec. 2021, in force since 1 March 2024 (AS 2024 53;BBl 2020 6885). ↩
0 commentaries
No commentaries are available for this article yet.