Federal Act
on the Amendment of the Swiss Civil Code
(Part Five: The Code of Obligations)

¹ The rights con­ferred by law on the com­munity of cred­it­ors and the bond rep­res­ent­at­ive may only be ex­cluded, amended or re­stric­ted by the bond is­sue con­di­tions or oth­er spe­cial agree­ments between the cred­it­ors and the bor­row­er if a ma­jor­ity of cred­it­ors are still en­titled to amend the bond con­di­tions.

² Where bonds are pub­licly is­sued in whole or in part out­side Switzer­land, the pro­vi­sions of an­oth­er leg­al sys­tem re­lated to the pub­lic is­sue of bonds con­cern­ing the com­munity of cred­it­ors, its rep­res­ent­a­tion, meet­ing and res­ol­u­tions may be de­clared ap­plic­able in­stead of the pro­vi­sions of this sec­tion.