Home / CY AIF Law of 2018 / PART ΙΙ: PROVISIONS REGARDING THE ALTERNATIVE INVESTMENT FUNDS / Chapter 10: Mergers / [89] Verification of the merger by the depositary.

89. Verification of the merger by the depositary.

The depositaries of the merging and receiving AIFs shall verify the compliance of the information provided for in article 88(1)(a), (f) and (g), which are included in the common terms of the merger, with the requirements of this Law and with the fund rules or instruments of incorporation of the respective AIF under their responsibility:

It is provided that, where a depositary is not appointed for any of the participating AIFs, the verification of the previous section shall be conducted on its behalf, by the auditor in accordance with article 90.