Ordinance
on Collective Investment Schemes
(Collective Investment Schemes Ordinance, CISO)


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Art. 94 Assessment and valuation in relation to construction projects

(Art. 64 and 65 CISA)177

1 In re­la­tion to con­struc­tion pro­jects, the fund man­age­ment com­pany and the SICAV shall in­struct at least one valu­ation ex­pert to ex­am­ine wheth­er or not the prob­able costs are reas­on­able and in ac­cord­ance with the pre­vail­ing mar­ket situ­ation.

2 Fol­low­ing the com­ple­tion of the build­ing, the fund man­age­ment com­pany and the SICAV shall in­struct at least one valu­ation ex­pert to as­sess the mar­ket value.

177 In­ser­ted by No I of the O of 13 Feb. 2013, in force since 1 March 2013 (AS 2013607).

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