Federal Act on Collective Investment Schemes

English is not an official language of the Swiss Confederation. This translation is provided for information purposes only and has no legal force.


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Art. 47 Voting rights

1Each share car­ries one vote.

2The Fed­er­al Coun­cil may au­thor­ise FINMA to or­der the split­ting or mer­ging of shares in a share class.


1 Amended by An­nex No 14 of the Fin­an­cial Mar­ket Su­per­vi­sion Act of 22 June 2007, in force since 1 Jan. 2009 (AS 2008 5207 5205; BBl 2006 2829).

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