(Art. 118d CISA)
The following provisions are not applicable to L-QIFs:
- the provisions on authorization and approval and on FINMA's oversight activities (Art. 7–23, 31 para. 6, 33 para. 2, 35, 35a para. 2–4, 40, 53, 54 para. 4, 55 para. 1–3terand 5–7, 61, 62 para. 2 second sentence and 3, 62b , 63 para. 3 and 4, 109, 110 para. 2, 110a , 114 para. 3, 115 para. 3 and 4, 116 para. 3 and 5, 118 para. 3, 119 para. 4 second sentence, 137, 141 and 142);
- the investment regulations in accordance with Articles32a , 67–102, 117 paragraphs 2 and 3, 120 and 121;
- the provisions on the amendment of the fund contract pursuant to Article 41 and on the change of custodian bank pursuant to Article 105.