Directive 2009/65/EC of the European Parliament and of the Council of 13 July 2009 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (UCITS) (recast) (Text with EEA relevance) (c. 65)

CHAPTER XIII EUROPEAN SECURITIES COMMITTEE

Article 111

The Commission may adopt technical amendments to this Directive in the following areas:

(a)

clarification of the definitions in order to ensure uniform application of this Directive throughout the Community; or

(b)

alignment of terminology and the framing of definitions in accordance with subsequent acts on UCITS and related matters.

Those measures, designed to amend non-essential elements of this Directive, shall be adopted in accordance with the regulatory procedure with scrutiny referred to in Article 112(2).

Article 112

1. The Commission shall be assisted by the European Securities Committee established by Commission Decision 2001/528/EC(1).

2. Where reference is made to this paragraph, Article 5a(1) to (4) and Article 7 of Decision 1999/468/EC shall apply, having regard to the provisions of Article 8 thereof.

3. Where reference is made to this paragraph, Articles 5 and 7 of Decision 1999/468/EC shall apply, having regard to the provisions of Article 8 thereof.

The period laid down in Article 5(6) of Decision 1999/468/EC shall be set at three months.

(1)

OJ L 191, 13.7.2001, p. 45.