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Art. 61

951.311CISOFederal Council OrdinanceJan 1, 2007Original source

(Art. 40 para. 4 and 78 para. 3 CISA)

  1. Where provided by the articles of association, a SICAV may create, dissolve or merge share classes with the approval of FINMA.
  2. Article 40 applies accordingly. The merger requires the approval of the general meeting of shareholders.
  3. The risk that a class of shares may be liable for another class must be disclosed in the prospectus.

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