Federal Act
on Collective Investment Schemes
(Collective Investment Schemes Act, CISA)

of 23 June 2006 (Status as of 1 January 2023)


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Art. 138d Appeals 181

1 In bank­ruptcy pro­ceed­ings, cred­it­ors and own­ers of an au­thor­ised party covered by Art­icle 137 para­graph 1 may ap­peal only against real­isa­tion ac­tions and against ap­prov­al of the dis­tri­bu­tion list and the fi­nal ac­counts. Ap­peals pur­su­ant to Art­icle 17 DEBA182 shall be ex­cluded.

2 The time­frame for fil­ing an ap­peal against ap­prov­al of the dis­tri­bu­tion list and the fi­nal ac­counts com­mences the day after they have been made avail­able for in­spec­tion.

3 Ap­peals in bank­ruptcy pro­ceed­ings have no sus­pens­ive ef­fect. The in­struct­ing judge can re­store the sus­pens­ive ef­fect on re­quest.

181 In­ser­ted by An­nex No 9 of the Fin­an­cial Mar­ket In­fra­struc­ture Act of 19 June 2015 (AS 2015 5339; BBl 2014 7483). Amended by An­nex No II 13 of the Fin­an­cial In­sti­tu­tions Act of 15 June 2018, in force since 1 Jan. 2020 (AS 2018 5247, 2019 4631; BBl 2015 8901).

182 SR 281.1

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