AIFM Law definition
Examples of AIFM Law in a sentence
Should the Issuer, for whatever reason (see, a.o., the risk description under (iii) License application procedure), fail to obtain such registration or such approval, it will have to comply with the new requirements of the AIFM Law and EMIR.
It will therefore be considered as a manager of an "alternative investment fund" (AIF) under the AIFMD, which will be implemented in Belgium by the Wet betreffende de alternatieve instellingen voor collectieve belegging en hun beheerders / Loi relative aux organismes de placement collectif alternatifs et à leurs gestionnaires (AIFM Law).
In accordance with article 509 of the AIFM Law, the Issuer, in case of timely filing of an application, remains subject to the provisions of the Law of 3 August 2012 and the Royal Decree of 7 december 2010 on vastgoedbevaks/sicafi, until it is awarded the status as Openbare Gereglementeerde Vastgoedvennootschap / Société Immobilière Réglementée Publique.
Unless authorized by the CSSF, the General Partner shall not do or be authorized or required to do anything which might constitute regulated activities in the Grand Duchy of Luxembourg for the purposes of the AIFM Law, the 1993 Law or any other Luxembourg law or CSSF regulation or circular (or under any other applicable laws or regulations in other jurisdiction, as the case may be) notwithstanding the terms of this Agreement.
For the avoidance of doubt, the AIFM will receive such fee paid by the Partnership as compensation for managing the affairs of the Partnership in compliance with the AIFM Law.