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ARTICLE · 02 DECEMBER 1999

Provisions On Securitisation Of Credits - 7. Other Transactions

ItalyCorporate/Commercial Law

1. The provisions of this Law are, to the possible extent, applicable:

a) to securitisation transactions implemented by the granting of a financing to the assignor by the company issuing the financial instruments;

b) to the assignments to the investments fund, established pursuant to the Legislative Decree No. 58 of 24th February 1998, having as object credits.

2. In the event of transactions effected by the granting of a financing the references to the assignor and assignee should be intended to the borrower and the lender respectively.

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