Home / CY AIFM Law of 2013 / PART ΙΙΙ – OPERATING CONDITIONS FOR AIFMs / CHAPTER 3 - Delegation of AIFM functions / Section 22 - Liability of the AIFM in case of delegation or sub-delegation.
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Liability of the AIFM in case of delegation or sub-delegation.
22. The AIFM’s liability towards the AIF and its investors shall not be affected by the fact that the AIFM has delegated functions to a third party, or by any further sub-delegation.
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