CHAPTER IIIOBLIGATIONS REGARDING MANAGEMENT COMPANIES
SECTION 3Operating conditions
Article 11
1.
Qualifying holdings in management companies shall be subject to the same rules as those laid down in Articles 10, 10a and 10b of Directive 2004/39/EC.
2.
For the purposes of this Directive, the terms ‘investment firm’ and ‘investment firms’ referred to in Article 10 of Directive 2004/39/EC, mean, respectively, ‘management company’ and ‘management companies’.