{
  "url": "https://openlegislation.uk/eu-directive-2010-44/article-26",
  "json_url": "https://openlegislation.uk/eu-directive-2010-44/article-26.json",
  "legislation": "eudr/2010/44",
  "legislation_title": "Commission Directive 2010/44/EU of 1 July 2010 implementing Directive 2009/65/EC of the European Parliament and of the Council as regards certain provisions concerning fund mergers, master-feeder structures and notification procedure (Text with EEA relevance)",
  "legislation_url": "https://openlegislation.uk/eu-directive-2010-44",
  "path": "article/26",
  "kind": "article",
  "number": "26",
  "heading": "Reporting of irregularities by the depositary of the master UCITS",
  "text": "The irregularities referred to in Article 61(2) of Directive 2009/65/EC which the depositary of the master UCITS detects in the course of carrying out its function under the national law and which may have a negative impact on the feeder UCITS shall include, but are not limited to:\n(a) errors in the net asset value calculation of the master UCITS;\n(b) errors in transactions for or settlement of the purchase, subscription or request to repurchase or redeem units in the master UCITS undertaken by the feeder UCITS;\n(c) errors in the payment or capitalisation of income arising from the master UCITS, or in the calculation of any related withholding tax;\n(d) breaches of the investment objectives, policy or strategy of the master UCITS, as described in its fund rules or instrument of incorporation, prospectus or key investor information;\n(e) breaches of investment and borrowing limits set out in national law or in the fund rules, instruments of incorporation, prospectus or key investor information.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eudr/2010/44/article/26",
    "retrieved_at": "2026-11-01T14:42:07.511739+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}