TAILIEUCHUNG - THE INVESTMENT FUNDS AND MANAGEMENT COMPANIES ACT - 1

This report does not propose to enter the discussions on financing and investment levels that will be needed to support green growth such as is done by the IEA (2010a) for the energy sector, but rather will look at where required flows may come from and how financial instruments such as green bonds might be used to shift flows to support green growth. However, for illustrative purposes it is useful to examine the ranges of estimates that are quoted. Smil (2010b) suggests that the scale of the envisaged global transition to non-fossil fuels is immense, approximately 20 times larger than. | The Investment Funds and Management Companies Act -1 ZISDU-1 THE INVESTMENT FUNDS AND MANAGEMENT COMPANIES ACT - 1 published in the Official Gazette of the Republic of Slovenia - no. 110 on December 2002 Ljubljana 2003 The original text of this act is written in the Slovenian language in case of any doubt or misunderstanding the Slovenian text shall therefore prevail. 1 The Investment Funds and Management Companies Act -1 ZISDU-1 1. BASIC PROVISIONS Contents of the Act Article 1 The Act provides conditions under which investment funds and investment management companies are founded it regulates the way they are run and supervised terms under which investment funds coupons or respectively shares are sold in the Republic of Slovenia kinds of services rendered on behalf of investment funds by other entities terms and ways of rendering these services as well as supervision and terms under which pension funds are run. Investment Fund Article 2 1 An investment fund shall be an undertaking the sole purpose of which is the public gathering of assets of natural persons and legal entities and investment of these assets in marketable securities and other liquid financial assets in accordance with the principles of risk diversification. 2 An investment fund can be founded as a mutual fund or constituted as an investment company. 3 It is allowed to gather assets for the purpose described in the first paragraph of this article only if public sales of units of mutual funds and public sales of shares of investment companies are in compliance with this Act. 4 With the exception of investment funds nobody else is allowed to gather assets through public sales or act as an intermediate for gathering assets or in any other way contribute to gathering assets pursuant to purpose expressed in the first paragraph of this article. 2 The Investment Funds and Management Companies Act -1 ZISDU-1 5 The Government of the Republic of Slovenia shall adjust the tolar amounts laid down in this Act .

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