in force 2024-01-10 MODIFIED+89 −14§
Amended by Regulation (EU) 2023/606 32023R0606 · Regulation (EU) 2023/2869 32023R2869
applies from: unchanged
The provision now refers to infringements of the portfolio composition and diversification requirements laid down in Article 13 as a whole, rather than only Article 13(2) to 13(6).
It also newly covers infringements of the borrowing limits set out in Article 16(1), point (a), which the earlier text did not mention.
Cited: Art. 14, v1 · Art. 14, v2
text before / after
32015R0760 → 02015R0760-20240110
Article 14
Rectification of investment positions
In the event that an ELTIF infringes the portfolio composition and diversification requirements laid down in Article 13 or the borrowing limits set out in Article 13(2) to 13(6) 16(1), point (a), and the infringement is beyond the control of the manager of the ELTIF, the manager of the ELTIF shall, within an appropriate period of time, take such measures as are necessary to rectify the position, taking due account of the interests of the investors in the ELTIF.